Highways Authority awards Rs.3.4 bn contract

July 1st, 2008 - 5:41 pm ICT by IANS  

New Delhi, July 1 (IANS) Hindustan Construction Co. Ltd, an infrastructure development company, has bagged a Rs.3.4 billion order from the National Highways Authority of India (NHAI) to construct a highway near here, the company announced Tuesday. The order will be for constructing a 4.4-kilometre elevated six-lane highway at Badarpur off National Highway 2 (Mathura Road) near Delhi on a build, operate and transfer (BOT) basis, the company said in a statement.

The concession period is for 20 years including the estimated construction period of 24 months.

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