Mumbai, July 1 (ANI/Business Wire India): HCC, India's leading construction and infrastructure development Company, has bagged the prestigious order from National Highway Authority of India (NHAI) to construct the 4.4 km elevated highway at Badarpur on National Highway 2 (Mathura Road) near Delhi on BOT basis.
The contract envisages design, construction, development, finance, operation and maintenance of 4.4 kms of six lane-elevated road.
The cost of the project is estimated at about Rs 340 crores.
The company has received the letter of award from NHAI for this project with concession period of 20 years including the construction period of 24 months.
The elevated highway is expected to provide a much desired relief to inter-state movement on Mathura Road. It will provide a smooth and non-stop drive to motorists in Delhi and Faridabad, Haryana.
It will start close to NTPC near Badarpur in Delhi and will end at Sector 37 in Faridabad. It will provide a smooth drive over five important traffic junctions including NTPC, Mehrauli, Jaitpur, Sarai Bypass and Sector 37 junction.
In the transportation segment HCC has a strong track record in construction of Bridges, Roads, Highways, Railways and MRTS (Mass Rapid Transport System). In the MRTS space, the company has executed the Kolkata and Delhi Metro Rail project. HCC has also executed the Mumbai-Pune expressway, the first ever 6 lane concrete pavement express way in India.
It has built nearly 173 road bridges; the combined length of which would approximately be 46,458 meters. HCC's overseas performance in the construction of bridges has also been impressive with over 34 bridges built in Iraq alone.
It is the first Indian contracting company to venture in a big way into Jammu and Kashmir for redevelopment works. It is building 84km of the historical Mughal Road along with 4 major hydel prower projects in the state of Jammu and Kashmir.
The company is also constructing the 8 lane, 4.6 km long Bandra-Worli sea-link project in Mumbai which will be an engineering masterpiece.