L&T IDPL bags order for Rs. 4800 Cr NHAI projects [08 June 2012]

L&T Infrastructure Development Projects Limited (L&T IDPL) emerged as the successful project bidder to develop two contiguous road projects of length 484 km 4 lane road at a cost of approximately Rs. 4800 crore. Separate Special Purpose Vehicles (SPVs), subsidiaries of L&T IDPL signed concession agreements with the National Highways Authority of India (NHAI). Both the projects have concession period of 20 years, including a construction period of 30 months.
 
The two road sections are part of NH 6 connecting Surat to Kolkata, and are a prominent East–West connector. The projects are the longest stretches to be offered in Maharashtra on Build–Operate-Transfer (BOT) basis. NH6 is also called the Great Eastern Road and passes through mineral rich states like Orissa and Chattisgarh and industrial states like Maharashtra and Gujarat.

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