Connecting Borders
Real Estate

Connecting Borders

The 189.6-km Goa-Karnataka border-Kundapur four-lane highway project has been recently commissioned by IRB Westcoast Tollway, the SPV of IRB Infrastructure Developers. Part of NH-17, the stretch is an important north-south highway link on the western coast of India. Built at Rs 34.47 billion (includ...

The 189.6-km Goa-Karnataka border-Kundapur four-lane highway project has been recently commissioned by IRB Westcoast Tollway, the SPV of IRB Infrastructure Developers. Part of NH-17, the stretch is an important north-south highway link on the western coast of India. Built at Rs 34.47 billion (including viability gap funding of Rs 5.36 billion), the project has a concession life of 28 years. The company had bagged this project under the National Highways Development Project (NHDP) Phase 4 on design, build, finance, operate and transfer basis. Construction milestones Before the four-laning of the project, the time taken by buses to reach from Karwar to Kundapura was eight hours—now, it takes just four hours. Thus, by widening the existing highway, travel time is reduced drastically, besides benefits such as lesser wear and tear of vehicles and reduction in fuel consumption to a great extent, thus achieving pollution control. This project is a peculiar one that passes through plain, rolling and hilly terrain. It has tunnels and major challenging structures over perennial rivers. “Identification of the bottlenecks and converting these into the achievement of the target through proper planning from the site level to the management level was crucial to complete the project in time,” shares ML Gupta, Joint Managing Director, IRB Infrastructure Developers. Civil specs and scope of work The project has a service road of 61.26 km, 17 major junctions, six minor junctions, 83 cross-road junctions, 14 major bridges, 39 minor bridges, 573 culverts, four flyovers, three vehicular underpasses, 13 pedestrian underpasses, six cattle underpasses, two road-over-bridges, one road-under-bridge, two twin tunnels, three toll plazas, four truck lay byes, and 53 bus bays and bus shelters. “The safety measures for the project were carried out as per the provisions under the Concession Agreement; for example, proper diversion boards, provision of blinkers and barricading construction zones, among others,” says Gupta. Safety measures are in place and monitored 24×7 to avoid any mishap to users of the project. Construction methods At the heart of the project are the technologies, equipment and machineries deployed for construction. The better and more appropriate the machineries, the speedier the progress of the work, enabling completion in the stipulated timeframe. “We had deployed jack-up rigs for the geotechnical investigation, which facilitated speedy work, along with cantilever construction gantries for construction of the large-span bridge on Kali River, launching girder on barges at Sharavathi River and the use of precast girders for other bridges,” elaborates Gupta. “Also, hydraulic piling rigs were used along with conventional rigs.” Further, high-quality materials were used in construction, which will increase the life of the structures and highway, and result in maintenance cost reduction during the O&M period. Major challenges Major challenges involved the construction of the major bridges across the major perennial river and the construction of the twin tunnels. “This could be completed owing to the deployment of advanced machineries and special construction techniques,” says Gupta. He adds that construction of the road by hill cutting to the extent of about 50 m depth and keeping the existing road traffic-worthy was another major challenge, which was overcome with a combination of advanced technology and rich domain knowledge. Considering the geographical and topographical conditions, construction was the toughest job, says Gupta. The project had witnessed major challenges involved in highway engineering, such as the construction of major bridges spanning up to 120 m each close to the Arabian Sea; 1.2-km-long bridges over the perennial river; tunnel construction in both hard and soft rock; and rock cutting for 60 m height and cutting in lateritic hill for about 50 m height. Indeed, it took IRB Infra’s experience and expertise, spanning over two decades, to overcome all these challenges, delivering world-class highway infrastructure for the coastal regions of India. -SERAPHINA D’SOUZA

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Building Material

JK Cement emerges successful bidder for Mahan coal mine in Madhya Pradesh

This marks the company’s second commercial coal block win, following its acquisition of the West of Shahdol (South) coal block. "The company is committed to becoming self-reliant for its existing cement plants and upcoming projects," JKC stated. The surplus coal from the mine will be sold commercially. The vesting order was handed over to JK Cement during a ceremony at Shastri Bhawan, New Delhi, a critical milestone for commencing mining operations within the stipulated timeline...

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Building Material

Prism Johnson's cement division goes live with Ramco ERP Suite

Prism Johnson has successfully gone live with the Ramco ERP Suite for its Cement Division. This milestone marks a significant step in Prism Johnson's digital transformation journey, leveraging Ramco Systems' advanced enterprise solutions and process control systems to streamline business processes, manufacturing operations and drive efficiency. The implementation includes cutting-edge modules for Maintenance, Sales, Distribution, Finance, Procurement, Manufacturing, Quality, and HR Management (HRM). These solutions enable Prism Johnson to achieve seamless integration across its business and wo..

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Infrastructure Urban

Indian shadow bank Shriram Finance gets record $1.28 billion loan

Shriram Finance Ltd. is reported to have borrowed $1.28 billion in a multi-currency social loan, marking the largest offshore facility ever undertaken by an Indian shadow lender. According to a press release issued by Shriram, the deal is divided across the dollar, euro, and dirham. Sources familiar with the transaction, who wished to remain anonymous, indicated that the tenors in the multi-tranche deal range from three to five years. This loan adds to the surge of offshore debt sales by Indian shadow lenders this year, a trend prompted by the Reserve Bank of India's tightening of rules in Nov..

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