The arrival of 2016 has brought fortune along for us as Punj Lloyd has received 4 highway projects from the central government. We are happy to announce that the combined value of the projects has been estimated to be Rs 1,555 crore. The projects span across Bihar, Chhattisgarh, Odisha and Punjab.
The projects at Bihar, Odisha and Chhattisgarh are assigned to us by National Highways Authority of India (NHAI) while the one in Punjab by Ministry of Road Transport and Highways (MORTH).
The Bihar project to be worth Rs 567 crore and it entails four-laning of 60 km of the Simaria-Khagaria section of NH31. Punj Lloyd was the developer for 140 km of the Khagaria-Purnea section on the same highway.
The Chhattisgarh package, worth Rs 513 crore, comprises the four/six laning of 48 km of the Raipur-Simga section of NH200 in Chhattisgarh. This contract includes the bypass and 22 supporting structures like flyover, vehicular underpass (VUP) and bridges.
This section of NH200 is the major power hub of India connecting the state capital, Raipur to Bilaspur through various industrial and commercial establishments.
In Odisha, Punj Lloyd has been entrusted with the rehabilitation and upgradation of four laning with paved shoulders of 50 km of the Talebani to Sambalpur section of NH6 in the state of Odisha. The contract is worth Rs 392 crore.
The fourth contract in Punjab has been bagged in joint venture with VRC Constructions (I) Pvt Ltd for four laning of 35 km of the Tallewal-Barnala section of the NH 71.
The scope of work for this project would include the construction of the Barnala bypass and 13 other supporting infrastructure including flyovers, passenger underpass (PUP), and road over bridge (ROB) and bridges.
Shantanu Karkun President and CEO, Buildings and Infrastructure, Punj Lloyd believes that 2016 will be exciting and will unfold multiple opportunities for Punj Lloyd in the infrastructure segment, both in India and abroad. These orders, won pan-India, are a strong attestation of our delivery in infrastructure.
The projects fall under the National Highways Development Project (NHDP), Phase IV to widen major highways in India to a higher standard. With these four contracts, the group’s order backlog stands at Rs 21,838 crore.
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