Punj Lloyd has secured an EPC highway contract worth Rs 666 crore from the Ministry of Road Transport & Highways (MoRT&H) for 90.586 km of the Asian Highway (AH) Network, a cooperative project for improving transport facilities throughout 32 nations and providing road links to Europe. The project is scheduled for completion in 30 months.
The scope of work comprises rehabilitation and upgrading to 2/4-Lane of Bhutan Border at Pasakha to Bangladesh Border at Changrabandha comprising Jaigaon, Hasimara, Dhupguri section and Mainaguri-Changrabandha section. This contract includes the proposed Pasakha access road of length 6.558 km, bypass to Jaigaon and Hasimara in the state of West Bengal.
With this new order, the group’s order backlog stands at Rs 24,021 crore. The order backlog is the value of unexecuted orders on September 30, 2014 plus new orders received after that date. The cumulative order booking during the year stands at Rs 10,606 crore.
The Asian Highway Network is a part of the Asian Land Transport Infrastructure Development (ALTID) project being supported by United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). Also known as the Great Asian Highway, the network has eight routes in India including AH 48, funded by the Asian Development Bank. The total length of the Asian Highways in India is about 11,458 km, of which 11,432 km are National Highways and 26 km of State roads.
No comments:
Post a Comment