Apco secures contracts worth $500 million in a single day
ROADS & HIGHWAYS

Apco secures contracts worth $500 million in a single day

Apco Infratech, one of India's fastest growing mid-sized infrastructure conglomerates with extensive experience in highways, power generation, tunnels, irrigation/canal, metro rail, and urban infrastructure, is currently managing a large number of road projects across the country.

On July 29, Apco was awarded an EPC contract for the development of a 6-lane AC highway from Ranipur Barsi Saharanpur Dist to Adhoya Musalmana Ambala Dist, Shamli Ambala in Haryana. The National Highway Authority of India has proposed the project at a cost of $ 108.29 million.

Along with this, Apco also placed an L-1 bid for the Bharatmala Pariyojna project in Uttar Pradesh and Haryana to build greenfield connectivity to Jewar International Airport from DND Faridabad, Ballabgarh Bypass, and KMP connecting spur to the Delhi-Mumbai expressway.

The project, based on the Hybrid Annuity Model (HAM), is worth nearly $190.12 million with a completion deadline of 2 years.

Apco has also been awarded as the L-1 bidder for the development of a 4-6 lane AC expressway from Kunhwani to Sidhra section of NH-44 to Katra section under the Bharatmala Pariyojna.

This HAM-based project is worth almost $196.29 million, which is -0.62 less than the proposed tender price.

With the contracts for these projects being awarded, Apco has been awarded contracts worth nearly USD 500 million in a single day.

Apco Infratech, one of India's fastest growing mid-sized infrastructure conglomerates with extensive experience in highways, power generation, tunnels, irrigation/canal, metro rail, and urban infrastructure, is currently managing a large number of road projects across the country. On July 29, Apco was awarded an EPC contract for the development of a 6-lane AC highway from Ranipur Barsi Saharanpur Dist to Adhoya Musalmana Ambala Dist, Shamli Ambala in Haryana. The National Highway Authority of India has proposed the project at a cost of $ 108.29 million. Along with this, Apco also placed an L-1 bid for the Bharatmala Pariyojna project in Uttar Pradesh and Haryana to build greenfield connectivity to Jewar International Airport from DND Faridabad, Ballabgarh Bypass, and KMP connecting spur to the Delhi-Mumbai expressway. The project, based on the Hybrid Annuity Model (HAM), is worth nearly $190.12 million with a completion deadline of 2 years. Apco has also been awarded as the L-1 bidder for the development of a 4-6 lane AC expressway from Kunhwani to Sidhra section of NH-44 to Katra section under the Bharatmala Pariyojna. This HAM-based project is worth almost $196.29 million, which is -0.62 less than the proposed tender price. With the contracts for these projects being awarded, Apco has been awarded contracts worth nearly USD 500 million in a single day.

Next Story
Infrastructure Urban

Campal Stadium Project Delayed

The football stadium and parade ground project in Campal, Panaji, which was initiated under the smart city plan, has yet to be completed, even though it is over a year past its original deadline. The project started on March 21, 2022, and according to the initial work order, it was supposed to be finished by September 20, 2023. Imagine Panaji Smart City Development Ltd (IPSCDL) has reported that 98% of the work is complete, with the final 2% expected to be finished by March 2025. "A small area where the concrete batching plant is situated needs completion," they said. The project's total est..

Next Story
Infrastructure Urban

Cleanliness Control Centre to Monitor Work, Complaints 24X7

Jaipur's cleanliness management system is set to be more efficient with the Integrated Command and Control Centre now operating 24/7. On Friday, Arun Kumar Hasija, CEO of Jaipur Smart City Limited, issued orders to implement this change. Hasija explained that the centre will supervise door-to-door refuse collection, sanitation operations, and mechanized cleaning activities. Special attention is being given to night-time cleaning across the city, with advanced machinery being used to sanitize road dividers in areas like the Walled City. The centre will now operate round-the-clock to improve c..

Next Story
Infrastructure Urban

Rs 1 Bn Plan for Waste Disposal at Bandhwari Landfill

A Rs 1 billion plan for disposing of over 10 lakh tonnes of legacy waste at the Bandhwari Solid Waste Treatment Plant has been submitted to the Department of Urban Local Bodies (ULB) for approval. The proposal is expected to be approved in an upcoming purchase committee meeting led by Haryana Chief Minister Nayab Singh Saini, officials from the Municipal Corporation of Gurugram (MCG) said. This proposal follows the December 17 deadline set by the National Green Tribunal (NGT) for MCG to submit an update on waste disposal progress at Bandhwari. Earlier this year, MCG had assured the NGT in an a..

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