Engineering and construction firm Unity Infraprojects said it has bagged two orders worth Rs840 crore.
The orders relate to development of NHAI roads. The first project entails development and operation of Suratgarh- Sriganganagar section of NH-15 in Rajasthan through public- private-partnership on design, build, operate and transfer basis for a concession period of 11 years.
The Rs330-crore project, awarded by the Public Works Department of Rajasthan Government, is expected to be completed in 18 months, the company said.
The second project involves four–laning of Punjab/Haryana Border-Jind section of NH-71 to be executed on design build finance operate and transfer (DBFOT) pattern for a concession period of 27 years.
The Rs510-crore contract from the National Highways Authority of India ( NHAI) is expected to be completed within 910 days, it added.
'These two projects offer us an opportunity to strengthen our presence in BOT space. This is for the first time that a civil contracting company has ventured into the DBFOT space,' Unity Infra Vice-Chairman and Managing Director Abhijit Avarsekar said.
The order book of the company stands at Rs4,771.65 crore.
....more info
The orders relate to development of NHAI roads. The first project entails development and operation of Suratgarh- Sriganganagar section of NH-15 in Rajasthan through public- private-partnership on design, build, operate and transfer basis for a concession period of 11 years.
The Rs330-crore project, awarded by the Public Works Department of Rajasthan Government, is expected to be completed in 18 months, the company said.
The second project involves four–laning of Punjab/Haryana Border-Jind section of NH-71 to be executed on design build finance operate and transfer (DBFOT) pattern for a concession period of 27 years.
The Rs510-crore contract from the National Highways Authority of India ( NHAI) is expected to be completed within 910 days, it added.
'These two projects offer us an opportunity to strengthen our presence in BOT space. This is for the first time that a civil contracting company has ventured into the DBFOT space,' Unity Infra Vice-Chairman and Managing Director Abhijit Avarsekar said.
The order book of the company stands at Rs4,771.65 crore.
....more info