New Delhi floats tender for 248-BB/NH-48 road tunnel
ROADS & HIGHWAYS

New Delhi floats tender for 248-BB/NH-48 road tunnel

It was reported that the National Highways Authority of India (NHAI) had issued a tender for the construction of a road tunnel on 248-BB/NH-48 in New Delhi, with the work being carried out on an Engineering, Procurement, and Construction (EPC) basis.

The task would encompass the construction of the road tunnel and its corresponding approaches, stretching from the Shiv Murti Interchange on NH-248-BB/NH-48 to Nelson Mandela Marg (NH-148AE) (from chapter 0.000 to 4.983).

The total cost of the project was estimated at Rs 19.93 billion, which also accounted for a maintenance period of 10 years.

Furthermore, it was stated that the contractual obligations must be fulfilled within a period of 48 months from the date of appointment.

The deadline for submitting bids had been set for July 17, 2023.

It was reported that the National Highways Authority of India (NHAI) had issued a tender for the construction of a road tunnel on 248-BB/NH-48 in New Delhi, with the work being carried out on an Engineering, Procurement, and Construction (EPC) basis. The task would encompass the construction of the road tunnel and its corresponding approaches, stretching from the Shiv Murti Interchange on NH-248-BB/NH-48 to Nelson Mandela Marg (NH-148AE) (from chapter 0.000 to 4.983). The total cost of the project was estimated at Rs 19.93 billion, which also accounted for a maintenance period of 10 years. Furthermore, it was stated that the contractual obligations must be fulfilled within a period of 48 months from the date of appointment. The deadline for submitting bids had been set for July 17, 2023.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement