亚博体育官网首页

Nod to Kollam, Alappuzha bypass road in Kerala
ROADS & HIGHWAYS

Nod to Kollam, Alappuzha bypass road in Kerala

On a cost-sharing basis between the Kerala and the Union governments, work on the Kollam and Alappuzha bypass of the NH 66 will be taken up on on engineering, procurement and construction (EPC) mode. Tenders for the work were finalised by the National Highway wing of the Public Works Department (PWD). The road work is the first work to be taken up on 50:50 cost-sharing basis by the State and the Centre on the National Highway stretch in the country. The tenders are uploaded on the website. The Memorandum of Understanding (MoU) for the two NH bypass works, estimated to cost Rs 524 crore, will be signed next week. The Kerala government proposed the road work to the Union Ministry of Road Transport and Highways on cost-sharing mode to complete the much-delayed work. When the work completes motorists can skip the two cities-Kollam and Alappuzha while proceeding along the NH 66, say media reports.

On a cost-sharing basis between the Kerala and the Union governments, work on the Kollam and Alappuzha bypass of the NH 66 will be taken up on on engineering, procurement and construction (EPC) mode. Tenders for the work were finalised by the National Highway wing of the Public Works Department (PWD). The road work is the first work to be taken up on 50:50 cost-sharing basis by the State and the Centre on the National Highway stretch in the country. The tenders are uploaded on the website. The Memorandum of Understanding (MoU) for the two NH bypass works, estimated to cost Rs 524 crore, will be signed next week. The Kerala government proposed the road work to the Union Ministry of Road Transport and Highways on cost-sharing mode to complete the much-delayed work. When the work completes motorists can skip the two cities-Kollam and Alappuzha while proceeding along the NH 66, say media reports.

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement