J. Kumar JV Secures Rs 23.6 Billion Expressway Contract
ROADS & HIGHWAYS

J. Kumar JV Secures Rs 23.6 Billion Expressway Contract

J. Kumar Infraprojects and SDPL in a joint venture has been awarded a major expressway contract by the National Highways Authority of India, as disclosed in the company filing. The scope covers construction of a four lane expressway expandable to eight lanes to connect the proposed Vadhavan Port with Tawa Village on National Highway 48, with a design length of 32.18 km on an engineering, procurement and construction mode. The joint venture has received a Letter of Acceptance and the contract is to be executed on a turnkey basis.

The total contract value is Rs 23.6 billion (bn), equivalent to 23,600 million (mn), reflecting the scale of the assignment to be delivered by the joint venture. The project tenure is 30 months for completion and the contract has been awarded on a domestic basis. The nature of the assignment is civil infrastructure focused on highway construction and related connectivity works.

The company has stated that the award does not involve any interest of the promoter, promoter group or group companies in the contracting authority and that the project does not constitute a related party transaction. The contract is expected to bolster the order book and support execution activity across the company's construction operations without altering known group interests. The engagement aligns with ongoing infrastructure development priorities in the region and aims to improve port connectivity.

The filing indicates that the Letter of Acceptance and accompanying details have been uploaded to the company website and intimated to the stock exchanges in accordance with regulatory obligations. The company has requested the exchanges to take the intimation on record and will proceed with the requisite mobilisation and project initiation steps under the contract terms. Further operational milestones will be disclosed as they materialise.

J. Kumar Infraprojects and SDPL in a joint venture has been awarded a major expressway contract by the National Highways Authority of India, as disclosed in the company filing. The scope covers construction of a four lane expressway expandable to eight lanes to connect the proposed Vadhavan Port with Tawa Village on National Highway 48, with a design length of 32.18 km on an engineering, procurement and construction mode. The joint venture has received a Letter of Acceptance and the contract is to be executed on a turnkey basis. The total contract value is Rs 23.6 billion (bn), equivalent to 23,600 million (mn), reflecting the scale of the assignment to be delivered by the joint venture. The project tenure is 30 months for completion and the contract has been awarded on a domestic basis. The nature of the assignment is civil infrastructure focused on highway construction and related connectivity works. The company has stated that the award does not involve any interest of the promoter, promoter group or group companies in the contracting authority and that the project does not constitute a related party transaction. The contract is expected to bolster the order book and support execution activity across the company's construction operations without altering known group interests. The engagement aligns with ongoing infrastructure development priorities in the region and aims to improve port connectivity. The filing indicates that the Letter of Acceptance and accompanying details have been uploaded to the company website and intimated to the stock exchanges in accordance with regulatory obligations. The company has requested the exchanges to take the intimation on record and will proceed with the requisite mobilisation and project initiation steps under the contract terms. Further operational milestones will be disclosed as they materialise.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code