IVRCL Assets & Holdings has been awarded a Rs 1,500-crore build, operate and transfer (BOT) project that entails improvement of Sion-Panvel Special Highway Project from BARC junction to Kalamboli junction.

 

This is a key extension of Pune-Mumbai expressway by another 25 km up to BARC junction and is aimed at easing the high density traffic in this stretch. The project consists of 10-lane main carriageway in rigid pavement widening of existing and new major and minor creek bridges, flyovers and related works.

 

The project comes with a concessionaire period of 17 years and five months, including construction period from the appointed date. The project is slated to be completed within 36 months and is to be implemented jointly with Kakade Infrastructures.

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Peers
Company Name CMP
Dilip Buildcon 456.85
Macrotech Developers 1133.75
NBCC (India) 119.05
Prestige EstatesProj 1177.50
DLF 898.30
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