1. Home
  2. Infrastructure Urban
  3. ECONOMY & POLICY
  4. L&T Wins Major Contract for NAINA Integrated Infrastructure Project
L&T Wins Major Contract for NAINA Integrated Infrastructure Project
ECONOMY & POLICY

L&T Wins Major Contract for NAINA Integrated Infrastructure Project

27 Aug 2024 2 Min Read CW Team
In the recent Town Planning Schemes (TPS) for the Navi Mumbai Airport Influence Notified Area (NAINA), which were approved by the City and Industrial Development Corporation (CIDCO), the transportation and infrastructure division of L&T secured a contract for an integrated infrastructure development project. According to the company's filing with the stock exchange, the contract is valued between Rs 25 billion and Rs 50 billion.

CIDCO awarded the project to L&T for the integrated development of 60-metre and 45-metre wide roads, the construction of various major and minor structures, as well as related electrical works. The project includes the development of four approach roads totalling 13.28 km, which will feature nine major structures, including three prominent steel bridges over the Kalundre River and the Mumbai-Pune Expressway, twelve minor bridges, twenty-seven underpasses, and access roads to these structures. Additionally, the project encompasses utility and allied electrical works.

CIDCO recently approved TPS 1 through 12 for the NAINA project and issued tenders accordingly. In March 2024, the planning agency released tenders worth Rs 31.14 billion for TPS 2 to 7, and more recently, tenders amounting to Rs 33 billion for TPS 8 to 12. The infrastructure works related to TPS 1 have already been completed.

As the special planning authority for the NAINA project, CIDCO has finalized all town planning schemes within the designated timeframe. In March 2024, CIDCO issued tenders for various works including road development, drainage, sewage, street lighting, and other infrastructure developments for TPS 2 to 7 in the 94 villages within NAINA. Contractors bidding for these works are required to complete them within three years.

In the recent Town Planning Schemes (TPS) for the Navi Mumbai Airport Influence Notified Area (NAINA), which were approved by the City and Industrial Development Corporation (CIDCO), the transportation and infrastructure division of L&T secured a contract for an integrated infrastructure development project. According to the company's filing with the stock exchange, the contract is valued between Rs 25 billion and Rs 50 billion. CIDCO awarded the project to L&T for the integrated development of 60-metre and 45-metre wide roads, the construction of various major and minor structures, as well as related electrical works. The project includes the development of four approach roads totalling 13.28 km, which will feature nine major structures, including three prominent steel bridges over the Kalundre River and the Mumbai-Pune Expressway, twelve minor bridges, twenty-seven underpasses, and access roads to these structures. Additionally, the project encompasses utility and allied electrical works. CIDCO recently approved TPS 1 through 12 for the NAINA project and issued tenders accordingly. In March 2024, the planning agency released tenders worth Rs 31.14 billion for TPS 2 to 7, and more recently, tenders amounting to Rs 33 billion for TPS 8 to 12. The infrastructure works related to TPS 1 have already been completed. As the special planning authority for the NAINA project, CIDCO has finalized all town planning schemes within the designated timeframe. In March 2024, CIDCO issued tenders for various works including road development, drainage, sewage, street lighting, and other infrastructure developments for TPS 2 to 7 in the 94 villages within NAINA. Contractors bidding for these works are required to complete them within three years.

Next Story
Infrastructure Urban
27 Nov 2024

bauma Conexpo 2024 is it the largest edition, with 1,000 exhibitors

India's construction equipment industry is experiencing significant growth, fueled by rapid infrastructure development, expanding mining activities, and increasing urbanisation. bauma Conexpo India will bring together leaders, global players and decision-makers from the international trade fair for construction machinery, building material machines, mining machines and construction vehicles under one roof. The exhibition will host its biannual event at the India Expo Centre, Greater Noida  from 11 to 14 December 2024.In 2023, the exhibition attracted 41,108 participants as well as 601 exh..

Read More
Next Story
Infrastructure Urban
27 Nov 2024

Our commitment to excellence and innovation drives our success

In India's dynamic industrial landscape, Gmmco, a comprehensive solutions provider across the construction, resources and energy transportation industries, stands as a testament to innovation. As a powerhouse of the CK Birla Group with a legacy spanning over five decades, the company has evolved from a traditional equipment supplier to a full-spectrum solutions provider, prioritising technology, innovation and sustainability. Its distinctive approach includes rental solutions, used equipment options, financing support, rebuilt options and tailored product support solutions, setting new benchma..

Read More
Next Story
Infrastructure Urban
27 Nov 2024

Vedanta plans $2 billion investment in Saudi Arabia copper projects

Vedanta announced its plan to invest $2 billion in major copper projects in Saudi Arabia. Vedanta Copper International, a wholly-owned subsidiary of the company, has signed an agreement with Saudi Arabia's Ministry of Investment and Ministry of Industries & Mineral Resources. The agreement outlines the establishment of a greenfield copper smelter and refinery with a capacity of 400 kilo tonnes per annum (KTPA) and a 300 KTPA copper rod project. According to the company, this collaboration aligns with Saudi Arabia's Vision 2030 and aims to invest $2 billion in significant copper projects withi..

Read More

Opinion Poll

Question : Which technological advancement do you believe will most transform the real estate industry in the coming years?

Latest updates

bauma Conexpo 2024 is it the largest edition, with 1,000 exhibitors
ECONOMY & POLICY
27 Nov 2024

bauma Conexpo 2024 is it the largest edition, with 1,000 exhibitors

Our commitment to excellence and innovation drives our success
ECONOMY & POLICY
27 Nov 2024

Our commitment to excellence and innovation drives our success

Vedanta plans $2 billion investment in Saudi Arabia copper projects
ECONOMY & POLICY
27 Nov 2024

Vedanta plans $2 billion investment in Saudi Arabia copper projects

Bengaluru approves Rs 6.94-billion plan to repair 390 km of roads
ROADS & HIGHWAYS
27 Nov 2024

Bengaluru approves Rs 6.94-billion plan to repair 390 km of roads

Rs17.50 bn Tato-I Hydro Project Approved to Boost Arunachal's Power
POWER & RENEWABLE ENERGY
27 Nov 2024

Rs17.50 bn Tato-I Hydro Project Approved to Boost Arunachal's Power

Noida Authority lodges EOW complaint against Logix Developers
Real Estate
27 Nov 2024

Noida Authority lodges EOW complaint against Logix Developers

State Street leases Brookfield office tower in Mumbai for GCC setup
ECONOMY & POLICY
27 Nov 2024

State Street leases Brookfield office tower in Mumbai for GCC setup

Odisha to Amend Real Estate Laws for Easier Sale Deed Registration
Real Estate
27 Nov 2024

Odisha to Amend Real Estate Laws for Easier Sale Deed Registration

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000