SRM Contractors Wins Rs 4.83 bn Nashik Ring Road Package
ROADS & HIGHWAYS

SRM Contractors Wins Rs 4.83 bn Nashik Ring Road Package

SRM Contractors has been awarded a Rs 4.83 billion (bn) engineering, procurement and construction contract by the Maharashtra State Infrastructure Development Corporation for Package six of the Nashik Ring Road project. The package is for a 14.02 km stretch on the southern side of the 66.15 km corridor and is scheduled for completion within 12 months. The award was announced in the past week and is intended to expedite delivery ahead of major city events.

The 14.02 km stretch lies between design chainage 14.950 km and 28.970 km and forms part of the proposed outer ring road that will encircle Nashik. The broader ring road is being implemented at an estimated cost of around Rs 76.13 bn including land acquisition and civil works. Authorities have positioned the corridor as a central component of the city’s infrastructure upgrade plan.

The initiative is linked to preparations for the Simhastha Kumbh Mela scheduled in 2027, with a target to make the corridor operational by March 2027. The timetable is aimed at ensuring the ring road can support the large influx of pilgrims and reduce pressure on the urban transport network. Completion of the corridor is expected to be a key factor in traffic management during the event.

The proposed alignment passes through DRDO Junction, Dindori Road, Gangapur Road, Trimbak Road and Vilholi, connecting major highways and enabling traffic to bypass congested inner urban areas. By diverting through traffic away from the city centre the ring road is intended to improve mobility for local residents and incoming visitors. Officials have noted that peripheral routes are critical in handling high-volume transit flows.

The package will be executed under the EPC model, which assigns responsibility for design, procurement and construction to the contractor and allows integrated execution across multiple segments. For SRM Contractors the contract adds to its existing order book and strengthens its presence in Maharashtra’s road construction sector. Progress in award and execution of packages will determine whether the corridor is delivered in time for the 2027 event.

SRM Contractors has been awarded a Rs 4.83 billion (bn) engineering, procurement and construction contract by the Maharashtra State Infrastructure Development Corporation for Package six of the Nashik Ring Road project. The package is for a 14.02 km stretch on the southern side of the 66.15 km corridor and is scheduled for completion within 12 months. The award was announced in the past week and is intended to expedite delivery ahead of major city events. The 14.02 km stretch lies between design chainage 14.950 km and 28.970 km and forms part of the proposed outer ring road that will encircle Nashik. The broader ring road is being implemented at an estimated cost of around Rs 76.13 bn including land acquisition and civil works. Authorities have positioned the corridor as a central component of the city’s infrastructure upgrade plan. The initiative is linked to preparations for the Simhastha Kumbh Mela scheduled in 2027, with a target to make the corridor operational by March 2027. The timetable is aimed at ensuring the ring road can support the large influx of pilgrims and reduce pressure on the urban transport network. Completion of the corridor is expected to be a key factor in traffic management during the event. The proposed alignment passes through DRDO Junction, Dindori Road, Gangapur Road, Trimbak Road and Vilholi, connecting major highways and enabling traffic to bypass congested inner urban areas. By diverting through traffic away from the city centre the ring road is intended to improve mobility for local residents and incoming visitors. Officials have noted that peripheral routes are critical in handling high-volume transit flows. The package will be executed under the EPC model, which assigns responsibility for design, procurement and construction to the contractor and allows integrated execution across multiple segments. For SRM Contractors the contract adds to its existing order book and strengthens its presence in Maharashtra’s road construction sector. Progress in award and execution of packages will determine whether the corridor is delivered in time for the 2027 event.

Next Story
Real Estate

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

Next Story
Real Estate

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Next Story
Infrastructure Energy

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement