J Kumar Infraprojects Set To Win Rs 2,360 Crore Vadhvan Port Link
PORTS & SHIPPING

J Kumar Infraprojects Set To Win Rs 2,360 Crore Vadhvan Port Link

J Kumar Infraprojects is poised to secure an Rs 2,360 crore contract from the National Highways Authority of India to build a 32.18 km expressway linking Tawa Village on NH 48 to the upcoming Vadhvan Port in Maharashtra. The value of Rs 2,360 crore converts to about Rs 23,600 million (mn) or Rs 23.6 billion (bn), and the award follows completion of land acquisition for the road link. The contract is for engineering, procurement and construction in the EPC mode.

The project will start as a four-lane expressway with provisions to expand to eight lanes, and all structures, bridges and tunnels will be built to eight-lane specifications from the outset to allow future scaling. The expressway is intended to open ahead of the port so initial traffic is expected to be minimal. The route runs for 32.18 km and will improve connectivity to the western Maharashtra coast.

J Kumar Infraprojects submitted the lowest bid, six point six seven per cent below the National Highways Authority of India estimate of Rs 2,528.76 crore, which is about Rs 25,287.6 million (mn) or Rs 25.29 billion (bn). The project was initially planned under a build, operate and transfer toll model but was shifted to the EPC mode on account of low projected traffic during the early years. Officials assessed that the toll model may not be feasible until the port begins operations. The change to EPC is intended to allow the expressway to be delivered without dependence on early traffic flows.

The Cabinet approved the port project on 19 June 2024 and delegated authority to the Ministers of Road Transport and Finance to decide the execution mode, following recommendations by appraisal bodies. A meeting chaired by the Union Minister on nine December 2024 concluded that the road should be deliverable now and monetised later, with plans to monetise the corridor under a toll, operate and transfer arrangement once traffic grows with port development. The approach is expected to support timely opening of the expressway and future scalability.

J Kumar Infraprojects is poised to secure an Rs 2,360 crore contract from the National Highways Authority of India to build a 32.18 km expressway linking Tawa Village on NH 48 to the upcoming Vadhvan Port in Maharashtra. The value of Rs 2,360 crore converts to about Rs 23,600 million (mn) or Rs 23.6 billion (bn), and the award follows completion of land acquisition for the road link. The contract is for engineering, procurement and construction in the EPC mode. The project will start as a four-lane expressway with provisions to expand to eight lanes, and all structures, bridges and tunnels will be built to eight-lane specifications from the outset to allow future scaling. The expressway is intended to open ahead of the port so initial traffic is expected to be minimal. The route runs for 32.18 km and will improve connectivity to the western Maharashtra coast. J Kumar Infraprojects submitted the lowest bid, six point six seven per cent below the National Highways Authority of India estimate of Rs 2,528.76 crore, which is about Rs 25,287.6 million (mn) or Rs 25.29 billion (bn). The project was initially planned under a build, operate and transfer toll model but was shifted to the EPC mode on account of low projected traffic during the early years. Officials assessed that the toll model may not be feasible until the port begins operations. The change to EPC is intended to allow the expressway to be delivered without dependence on early traffic flows. The Cabinet approved the port project on 19 June 2024 and delegated authority to the Ministers of Road Transport and Finance to decide the execution mode, following recommendations by appraisal bodies. A meeting chaired by the Union Minister on nine December 2024 concluded that the road should be deliverable now and monetised later, with plans to monetise the corridor under a toll, operate and transfer arrangement once traffic grows with port development. The approach is expected to support timely opening of the expressway and future scalability.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code