IL&FS Transportation emerges lowest bidder for NHAI contract

The project is on toll basis with a concession period of 24 years

IL&FS Transportation Networks Ltd had submitted its Bid with the National Highways Authority of India (NHAI) for construction of new bridges/structures, repair of existing four lane highway from Kharagpur to Baleshwar section of NH-60 from km 0.0 to km 119.3 in Orissa and West Bengal and its operation and maintenance under NHDP Phase I to be executed as BOT (Toll) on DBFOT pattern. The project is on toll basis with a concession period of 24 years including construction period of 2.5 years and the estimated cost of the project is Rs471.05 crore. The bids were opened by NHAI and the company has emerged as the lowest bidder for the aforesaid project.

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Chintamani Sahoo

5 years ago

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Tantia Constructions secures two new projects

Tantia has also received an order from the Ministry of Physical Planning and Works, Government of Nepal

Tantia Constructions has received a project from Municipal Corporation of Delhi for remodeling and covering of Subhash Nagar Drain starting from Najafgarh Road to Najafgarh Drain for worth Rs69.85 lakh.

The company has also received an order from the Ministry of Physical Planning and Works, Government of Nepal for execution of various water supply & sanitation projects in Nepal in the name of Tantia-Tundi (JV) worth Rs46.87 lakh.

In the late afternoon, Tantia was trading at around Rs43 per share on the Bombay Stock Exchange, 0.94% up from the previous close.

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L&T Construction wins orders worth Rs1,454 crore

In the water and effluent treatment segment, L&T won orders worth Rs579 crore from Tamil Nadu Water Supply and Drainage Board

L&T Construction said it had secured orders worth Rs1,454 crore across various verticals, including power transmission and water and effluent treatment, in February and this month.

In the water and effluent treatment segment, the company bagged orders worth Rs579 crore from Tamil Nadu Water Supply and Drainage Board.

"The scope includes providing combined water supply scheme to Attur-Narsingpuram municipalities and the Vallore Corporation. The scheme will cater to 20 town panchayats and 1,345 rural habitations in Salem District and 11 municipalities ... In Vellore district," it said.

In the power transmission and distribution area L&T Construction bagged orders worth Rs671 crore in both domestic and overseas markets.

"Domestic orders...Include construction of an electrical balance of plant works for a 2x660 MW super thermal power plant from a leading developer and another order from Gulbarga Electricity Supply...For various electrical works in Gulbarga and Bidar districts in Karnataka," it said.

As far as the building and factories vertical in concerned, L&T Construction bagged orders amounting to Rs204 crore from different ongoing projects, it added.

In the late afternoon, L&T was trading at around Rs1,235 per share on the Bombay Stock Exchange, 0.08% down from the previous close.

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