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Valecha wins orders for Trans Arunachal Highway
LALITHA RAO
Wednesday, February 02, 2011, 17:01 Hrs  [IST]

Untitled - 22.jpgValecha Engineering Ltd of Mumbai has won two significant contracts in connection with the Trans Arunachal Highway Project, a trunk route of about 1,811 km which is being developed into two-lanes of NH standards. The total value of the contracts is around Rs.jpg500 crore.

The mega project will link Tawang in the north-western tip of Arunachal Pradesh to Kanubari in the south-eastern part of the state, and finally end on NH-52 at Akajan near Dibrugarh in Assam. It is being executed under the Special Accelerated Road Development Programme in North- East Region.

"We have bagged an order from PWD (NH Works), Assam, for two laning the Trans Arunachal Highway (NH-52B) from Kanubari to Bogibeel Bridge approaches near Dibrugarh in Assam (km 0.00 to km 63.40) for a contract value of Rs.jpg236 crore," Dinesh Valecha, Director, Valecha Engineering Ltd, told Projectmonitor. The project has a concession period of three years including the construction phase.

"The second project awarded to us by PWD, Arunachal Pradesh, is for two laning the Lalpul-Manmao-Changlang stretch of NH-52B (km 0.00 to km 68.30) in Arunachal Pradesh. This contract is valued at Rs.jpg266 crore. Work on the project will commence by April and is scheduled to be completed in three years," Valecha said.

Meanwhile, the company is likely to achieve financial closure of the Rs.jpg500-crore Bhubaneswar-Puri road project (four laning 59 km of NH-203) in Orissa by end of this month. The company has tied up with five to six banks including State bank of India. The project has been awarded by NHAI on BOT basis.
 
                 

  Remarks

written by  Dhrubajyoti Gogoi  Sep 27, 2012 10:04 AM
Hope Valecha Engineering Ltd is able to complete the project in time.
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