A consortium of Ashoka Buildcon and GVR Infra Projects (51:49) has bagged a Rs 318-crore road project from the Karnataka government. The project involves improvement of 110 km of stretch. The consortium (51:49) had submitted bid for the project involving design, build, finance, operate, maintain and transfer (DBFOMT) of the state highway from Mudhol to Maharashtra Border.
Tag: GVR Infra Projects
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TN to award contract for phase-II of Chennai ORR
To construct phase-II of Chennai Outer Ring Road, from Nemilichery to Minjur, the Tamil Nadu government has recently given its nod to a consortium of Ashoka Buildcon and GVR Infra Projects. Work on phase-I of the ORR, from Vandalur to Nemilichery, is nearing completion. On completion, the 61.65-km-long road will form a semicircle around the city and help decongest Chennai’s roads. It will act as a major link and connect four national highways — NH 4, NH 5, NH 45 and NH 205.
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Ashoka-GVR Infra team bags Chennai ORR project
The Chennai Outer Ring Road Phase II project, costing Rs 985.44 crore, has been bagged by a consortium of Ashoka Buildcon and GVR Infra Projects. The Tamil Nadu government had earmarked Rs 1,075 crore for the project, which will decongest Chennai roads. The 62-km ORR project links the peripheral areas of the city from Vandalur in the south, about 25 km from Chennai on NH 45, to Minjur to the north of Chennai.
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Chennai outer ring road to be built at Rs 985 cr
For the road development project of Chennai Outer Ring Road Phase II, Ashoka Buildcon company along with GVR Infra Projects has formed a consortium of 50:50 per cent and submitted a bid to the Tamil Nadu Road Development Company (TNRDC). The Ring Road Phase II is to be constructed from Nemilicheri on NH 205 to Minjur on Thiruvottiyur-Ponneri-Panchetti (TPP) Road on design, build, finance, operate and transfer (DBFOT) annuity basis.