IVRCL Assets & Holdings has secured an order for Raipur-Bilaspur Highway Project in Chhattisgarh.
The company has received order worth Rs 1,300 crore from the NHAI. The scope of work includes widening and strengthening the existing two-lane highway to a six / four-lane highway standards of Raipur-Bilaspur section of NH-200 (0.00 Km to 126.525 Km).The project will be executed as BOT (Toll) project on DBFOT pattern under NHDP Phase IV. The concession period is 25 years including the construction period of 30 months.
The project corridor connects the eastern and western part of India, traversing from Nagpur to Ranchi, and includes a 9.8 km, six-lane bypass and a 44.2 km, four-land bypass, besides four major bridges. The Raipur-Bilaspur NH-200 is a part of the road network, connecting Raipur in Chhattisgarh to Chandikhole in Orissa, passing through upcoming industrial areas like Bilaspur and Raigarh in Chhattisgarh and Jarsuguda in Orissa.
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