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.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

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
Resources

IGBC Launches 32nd Chapter in Ranchi to Drive Green Building Growth

The CII Indian Green Building Council (IGBC) has launched its 32nd Chapter in Ranchi to accelerate Jharkhand’s transition towards sustainable and resilient urban infrastructure. The launch event, held on September 6 at Radisson Blu Hotel, brought together government officials, industry leaders, and sustainability experts. Sunil Kumar, IAS, Principal Secretary, Urban Development & Housing Department, Government of Jharkhand, said, “The launch of the IGBC Ranchi Chapter marks a significant step in Jharkhand’s urban development journey. The state is committed to creating a policy e..

Next Story
Real Estate

Mindspace REIT Marks Five Years With 14.8 Per Cent Annualised Returns

Mindspace Business Parks REIT, owner and developer of a Grade-A office portfolio, has completed five years since its listing on the Indian bourses in August 2020. Despite debuting during the global pandemic, the REIT has delivered 14.8 per cent annualised total returns, expanded its portfolio, and reinforced occupier trust. Key achievements over five years include: Portfolio expansion of 30 per cent to 31.0 msf through acquisitions and new developments. Gross leasing of 25.2 msf, with occupancy sustained at 93.7 per cent. Cumulative distribution of Rs 55.9 billion to unitho..

Next Story
Real Estate

Great Value Realty Secures RERA Nod for Ultra-Luxury Ekanam Project

Great Value Realty, one of North India’s most trusted developers, has received RERA approval for its flagship ultra-luxury residential project, Ekanam (RERA No. UPRERAPRJ15109/2019). The announcement was made during the Great Partners Meet at Noida. Built on the only available land parcel in Sector 107, Noida, Ekanam embodies the company’s philosophy, “Great is the New Norm,” promising excellence in design, quality, and sustainable community living. With seamless connectivity to Noida Expressway, DND Flyway, metro stations, and proximity to the upcoming Jewar Airport, the project ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?