With an aim to boost development of roads and highways, the government has invited lowest bids for raw materials. The tender will be open to both private and public sector companies. A total of six companies have submitted their quotes of Rs 160 per bag of 50 kg - the price of which is half the market price of Rs 300-350.
The National Highways Authority of India (NHAI) plans to adopt the Uttar Pradesh model for developing expressways, which includes offering longer concession periods and land pockets for real estate development along an expressway.
Contract value: Rs 1136.5 crore Particulars: Supply of coal plant equipment Alstom Bharat Forge Power Ltd has bagged a contract from NTPC for the supply of plant equipment for the Tanda coal power plant in Uttar Pradesh.
Did you know that Dilip Buildcon Ltd (DBL) is currently the largest private-sector, road-focused EPC player in the country, executing projects worth over Rs 6,000 crore? What´s more, DBL is the fastest growing infrastructure development company
With the change of power at the Centre, the roads sector was expected to get back on the move with fast-track approvals, delink of forest and environment clearances, increased limits on sand mining, positive movement on land acquisition, online filing for clearances to construct rail over-bridges (ROB) and under-bridges (RUB), and change in bidding from BOT to EPC