HCC’s arm bags a project worth Rs 800 crore from NHAI

02 May 2012 Evaluate

Hindustan Construction Company’s (HCC) subsidiary - HCC Concessions has been awarded a project by National Highways Authority of India (NHAI) for six-laning between Vadodara-Surat section of NH8 including construction of a new four lane extra dosed bridge across the Narmada river in Gujarat. The estimated cost of the project is approximately Rs 800 crore. This will be the seventh project in HCC Concessions’ portfolio, which includes six other NHAI concessions.

The concession period for the project is 12 years, including a construction period of 30 months. The project scope involves six laning of 192 km to 198 km between Vadodara- Surat section of NH8 in Gujarat on DBFOT (Toll) basis under NHDP Phase V.

The project is located in the rapidly growing Maharashtra / Gujarat border belt and serves traffic from the ports of Hazira and Dahej, besides catering to industrial traffic from Ankleshwar, Bharuch, Surat regions and Dahej SEZ. This is among the final stretches to be expanded to six-lane capacity on NH8. The development of this stretch will remove a significant bottleneck and facilitate free movement of traffic. The highway passes through the state capitals of Gandhinagar and Jaipur, as well as important cities like Gurgaon, Ahmedabad, Surat and Vadodara.

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