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.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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.

Next Story
Real Estate

Platinum Corp Launches Bespoke Presidential Suites

Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites, a luxury residential project on Main Avenue in Santacruz, Mumbai. The project has been positioned as a boutique, design-led development for high-net-worth individuals, business owners and legacy residents from the Bandra-Khar-Santacruz belt.The project has been developed in collaboration with celebrity interior designer Sussanne Khan and follows a design-first approach inspired by Art Deco architecture. It incorporates refined detailing, spacious layouts, premium material palettes and arrival experiences planned to creat..

Next Story
Infrastructure Transport

Adani Airport City Plans Rs 200 Bn Investment

Adani Airport City Limited (AACL), a wholly owned subsidiary of Adani Airport Holdings Limited (AAHL), has announced a programme to develop integrated airport cities across its airport network. The first phase will involve an investment of more than Rs 20,000 crore and cover around 22 million sq ft across Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati.The development spans over 655 acres across six airports in five states. Nearly 440 acres are located in Mumbai and Navi Mumbai, which will receive close to 70 per cent of the planned investment. The focus reflects the Mumbai Metrop..

Next Story
Infrastructure Urban

Vedanta contributes Rs 627.22 billion to exchequer

Vedanta Limited contributed Rs 627.22 billion to the exchequer in FY26, according to its 11th Tax Transparency Report. The contribution accounted for 36 per cent of the company’s consolidated revenue from operations and reflected its focus on transparent governance, fiscal discipline and nation-building.The FY26 contribution marked a 13.3 per cent increase over the previous year. Vedanta’s cumulative contribution to the exchequer over the past decade reached Rs 4.83 trillion. The company said the Group ranks among India’s top three private-sector contributors to the national exchequer.Th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement