Economic corridors: Adani bags Rs 1.2k cr Odisha highway on HAM

07 Apr 2021 CW Staff

Adani Enterprises Ltd (AEL) has secured a Rs 1,169 crore highway project in Odisha from the National Highways Authority of India (NHAI).

The contract has been secured by Adani Enterprises’ wholly-owned subsidiary Adani Road Transport Ltd (ARTL). ARTL has received a letter of award (LoA) for the development of the six-lane Badakumari-Karki Section of NH-130 CD Road, under the Raipur-Visakhapatnam Economic Corridor in Odisha on the hybrid annuity model (HAM).

Raipur–Visakhapatnam Expressway is a 464 km planned and upcoming access-controlled greenfield six-lane expressway connecting Chhattisgarh, Odisha and Andhra Pradesh.

Adani Enterprises said its bid project cost is Rs 1,169.10 crore and the construction period is two years. It further added that ARTL would continue to evaluate and bid for attractive opportunities in the transport sector, which generates value for the stakeholders.

With this project award, the Adani Group will have a total of 10 NHAI road projects under HAM, Toll-Operate-Transfer (TOT), and Build-Operate-Transfer (BOT) Toll basis in Telangana, Chhattisgarh, Andhra Pradesh, Madhya Pradesh, Kerala, Gujarat, Odisha, and West Bengal.

As we have reported, Odisha has significantly scaled up its budget this year and focused on roads and bridges under its ‘Biju’ schemes.

Image Source

Also read: Odisha ups outlay to build 1,000 km roads

Also read: Bharatmala: Adani Transport bags NHAI Telangana project on HAM

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..