Contract value: Rs 230 crore Particulars: Civil and electrical works OM Metals Infraprojects has received a contract in JV with SPML Infra from Sardar Sarovar Narmada Nigam. The order is for designing, engineering, manufacturing, supplying and commissioning all civil, mechanical and electrical works on the Kutchh branch canal in Gujarat.
Contract value: Rs 800 crore, Particulars: Road project, IRB Infrastructure Developers has received Letter of Award (LoA) worth Rs 800 crore from NHAI for four laning of Goa-Karnataka Border to Panaji – Goa stretch of NH-4A from km 84.000 to km 153.070 in Goa BOT toll basis on DBFO pattern.
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While issues related to banking and financing, claims and contracts continue to discourage contractors, CW highlights problem areas and offers 16 concrete solutions that will help resolve issues and make the construction sector a success.
Atul Punj, Chairman & Managing Director, Punj Lloyd Group, and Mufat Singh Rao, Chairman, Varaha Infra, are together making headlines for their recently bagged (in a JV) Rs 1,200-crore highway project in Myanmar.
With the Narendra Modi Government proposing to award Rs 500,000 crore worth of highway contracts in the last two years of its tenure, road construction companies are upbeat about the upcoming opportunities, which will span India.