SRC Infra Developers Becomes Top Bidder for NH-167K Project
ROADS & HIGHWAYS

SRC Infra Developers Becomes Top Bidder for NH-167K Project

SRC Infra Developers has been awarded the lowest bid for the rehabilitation and upgrade of a newly designated section of National Highway 167K (NH-167K). The project includes expanding the road to two lanes with paved shoulders.

The stretch, which spans the Nandyala-Kadapa-Kurnool border in Andhra Pradesh, India, covers a distance of approximately 62 km. The work, valued at Rs 3.34 billion, aims to improve transportation and connectivity in the region.

This achievement marks a significant milestone for SRC Infra Developers in delivering large-scale infrastructure projects across India, focused on enhancing connectivity and upgrading road infrastructure. The project is expected to benefit daily commuters and stimulate local development.

News source: Construction Week

SRC Infra Developers has been awarded the lowest bid for the rehabilitation and upgrade of a newly designated section of National Highway 167K (NH-167K). The project includes expanding the road to two lanes with paved shoulders. The stretch, which spans the Nandyala-Kadapa-Kurnool border in Andhra Pradesh, India, covers a distance of approximately 62 km. The work, valued at Rs 3.34 billion, aims to improve transportation and connectivity in the region. This achievement marks a significant milestone for SRC Infra Developers in delivering large-scale infrastructure projects across India, focused on enhancing connectivity and upgrading road infrastructure. The project is expected to benefit daily commuters and stimulate local development. News source: Construction Week

Next Story
Infrastructure Energy

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

Next Story
Infrastructure Energy

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Next Story
Infrastructure Energy

Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

Waaree Energy Storage Solutions Private, a subsidiary of Waaree Energies, has recently completed a strategic fund raise of around Rs 10.03 billion from a group of strategic investors, including family offices, high-net-worth individuals and institutional backers. The funding strengthens the company’s position in India’s rapidly expanding energy storage ecosystem.The capital raise forms part of an announced capital expenditure programme of nearly Rs 100 billion for setting up a 20 GWh advanced lithium-ion cell and battery pack manufacturing facility. The plant will manufacture high-performa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App