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L&T bags Rs.418 crore NHAI contract

Tuesday, 28 Jun 2005
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Larsen & Toubro has bagged a Rs.418 crore contract from National Highways Authority of India for constructing a 3.4 km six-lane dedicated flyover on NH-1 at central Panipat in Haryana.

The flyover, when completed, will be the longest one on the national highway network. A separate two-land peripheral road with paved shoulders would be provided on either side of the access-controlled flyover for the local Panipat traffic that would not use the elevated structure.

The contract valued at Rs.418 crore also includes widening of the existing four-lane 10-km stretch passing through Panipat city (km 86 to km 96) to six lanes and construction of a city bus stand and the Skylark Tourist Complex.

The project will be executed on BOT basis through a special purpose vehicle being formed for the purpose. The concession period of the BOT project is 20 years including construction time of three years.

L&T Ramboll Consulting Engineers Ltd is the project consultant.

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