Udayshivakumar Infra secures Rs 10.57 bn NH projects in Karnataka through JV
ROADS & HIGHWAYS

Udayshivakumar Infra secures Rs 10.57 bn NH projects in Karnataka through JV

Udayshivakumar Infra (UIL) announced that, in a joint venture with KMC Construction (KMCCL), it had emerged as the lowest bidder (L1) for three major National Highway projects in Karnataka, with a combined value of Rs 10.57 billion. UIL entered into three joint ventures with KMCCL to bid for National Highways Project works under the EPC mode in Karnataka. All three joint ventures won the bidding and were designated as the L1 (Lowest Bidder No.1).

The projects, awarded under the Engineering, Procurement, and Construction (EPC) mode, involve road widening and shoulder paving.

The largest of these projects is the Rs 3.66 billion widening of a 36.5 km stretch on NH-69, Honnavar-Chittoor Section. The second project, valued at Rs 2.99 billion, involves widening two lanes on NH-150A, covering a distance of 48 km from KB Cross to Nelligere. The third project, worth Rs 3.91 billion, entails widening a 60.2 km stretch of NH-548B from Murgundi to Chikkodi. Each project has a completion timeline of 24 months. UIL and KMCCL are now awaiting Letters of Acceptance (LOA) from the National Highways Authority of India to proceed with the execution.

Udayshivakumar Infra (UIL) announced that, in a joint venture with KMC Construction (KMCCL), it had emerged as the lowest bidder (L1) for three major National Highway projects in Karnataka, with a combined value of Rs 10.57 billion. UIL entered into three joint ventures with KMCCL to bid for National Highways Project works under the EPC mode in Karnataka. All three joint ventures won the bidding and were designated as the L1 (Lowest Bidder No.1). The projects, awarded under the Engineering, Procurement, and Construction (EPC) mode, involve road widening and shoulder paving. The largest of these projects is the Rs 3.66 billion widening of a 36.5 km stretch on NH-69, Honnavar-Chittoor Section. The second project, valued at Rs 2.99 billion, involves widening two lanes on NH-150A, covering a distance of 48 km from KB Cross to Nelligere. The third project, worth Rs 3.91 billion, entails widening a 60.2 km stretch of NH-548B from Murgundi to Chikkodi. Each project has a completion timeline of 24 months. UIL and KMCCL are now awaiting Letters of Acceptance (LOA) from the National Highways Authority of India to proceed with the execution.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?