Larsen & Toubro Ltd.

Larsen & Toubro (L&T) infra development arm, L&T Infrastructure Development Projects has inked Rs 2,600 crore concession agreement with the National Highways Authority of India (NHAI) for widening of Beawar-Pindwara highway in Rajasthan. The Project would be executed on BOT DBFO (Design Build Finance & Operate) basis, with a concession period of 23 years.  The project is scheduled to be completed within a period of 30 months.

The Project Corridor is one of the main evacuation routes for traffic from Kandla and Mundra Ports towards Northern India, extending to Rajasthan, Haryana, Delhi, Punjab and beyond. The Project Corridor falls within the proposed Delhi-Mumbai Industrial Corridor (DMIC) and the four-laning of the 244 km stretch of NH-14 within this industrial corridor is expected to accelerate the development and growth prospects in this region.

With this project, L&T currently has 16 projects in its BOT Roads Portfolio, out of which 7 are at present in operation phase, 8 in construction phase. The project book size is of Rs 15,800 crore.crackcrack