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PBA Infra bags EPC contract from Solapur Tollways

March 11, 2013


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Lalitha Rao ,Monday, March 11, 2013

PBA Infrastructure Ltd has been awarded the EPC contract for four laning the Solapur-Gulbarga, Maharashtra- Karnataka border section of National Highway 9, from Solapur Tollways Pvt Ltd, a joint venture of Coastal-Srei Consortium. The contract worth 780 crore is being executed as BOT (Toll) on DBFOT pattern under National Highways Development Project Phase-III. NHAI had appointed Artefact Projects Ltd as project consultant.

 

The Cabinet Committee of Infrastructure approved the project in November 2011 at a total estimated cost of992 crore including land acquisition, rehabilitation and pre-construction activities. The concession period including construction period of the project is 25 years. The project starting from km 249.00 to km 348.80 would cover the districts of Pune, Solapur and Osmanabad in Maharashtra.

 

Speaking to Projectmonitor, S.K. Bothra, President, PBA Infrastructure Ltd, said, “We are mobilsing fund through five banks with Canara Bank as the leading Bank. We are planning to start the work by April 15.”

 

While talking on the land details he said that about 80 per cent of the land has been possessed and the remaining stretch would be acquired soon. The four laning of the 100-km long stretch is expected to be completed in 36 months, he said.

 

Srei Infrastructure Pvt Ltd, the first beneficiary of the project, under consortium arrangements with various companies has a diversified portfolio of annuity and toll-based road projects close to 5,500 km with a total capital cost of around 13,000 crore, awarded by the NHAI under NHDP, Ministry of Road Transport and Highways and various other State Governments.

 

In its 2011-2012 Annual report, the company stated that during the year under review, the Company as co-developer has successfully completed the construction of Thrissur-Angamali Road Project in Kerala on NH-47 under NHAI and Jaora Nayagaon Road Project in Madhya Pradesh on SH-31 under Madhya Pradesh Road Development Corporation. Meanwhile, the company also started the six-laning of Chandikhole Jagatpur Bhubaneswar project in Odisha on NH-5 under NHAI. Other than the Solapur- Maharashtra Karnataka Border project on NH-9 the company also won the Bikaner-Suratgarh project on NH-15 from Public Works Department of Rajasthan on build- operate transfer basis.

Source-http://www.projectsmonitor.com

Written by ITW Editor · Filed Under Uncategorized 

5 Comments on “PBA Infra bags EPC contract from Solapur Tollways” Post your comment

  1. Preetam Pawar on September 6th, 2015 3:48 pm

    Solapur-Chennai via Gulbarga-Yadgir-Raichur-Karnool-Kadapa-Trupati state highway should be upgraded as new four lane national highway. It is the shortest distance to connect Mumbai-Chennai via Solapur.

  2. Preetam Pawar on September 6th, 2015 4:03 pm

    Mumbai-Pune-Solapur-Gulbarga-Yadgir-Raichur-Karnool-Kadapa-Tirupati-Chennai Section.

  3. Preetam Pawar on January 8th, 2016 11:42 am

    Solapur city is the hub of national highways. So to avoid heavy traffic passing through city four lane outer ring road should be sanctioned by NHAI.

  4. Preetam Pawar on January 9th, 2016 11:49 pm

    Solapur-Kurnool state highway via Gulbarga-Yadgir-Raichur.
    Kadapa-Tirupati state highway via Rajampeth.
    These two state highway should be upgraded as new four lane national highways.
    From Mumbai-Pune there is 6 lane expressway NH-4, form Pune-Solapur there is 4 lane NH-9, from Kurnool-Kadapa there is 4 lane under construction NH-18, from Tirupati-Chennai there is 4 lane under construction NH-205.
    If above two mentioned state highways upgraded as new four lane national highway then this entire stretch can become shortest & new four/six lane corridor which connects Mumbai-Chennai.
    The entire stretch would be like this Mumbai-Pune-Solapur-Yadgir-Raichur-Kurnool-Kadapa-Tirupati-Chennai.

  5. swami on November 3rd, 2016 11:36 am

    Iam resident of Omerga Dist-Osmanabad we are facing lot problems from Solapurto Omerga highway Daily many accidents are happening and loosing many life’s Iam requesting to all concerned employees and ministers complete the work as soon as and traveling time taking journey is around 4 to 5 hrs from Solapurto Omerga by car please patch up damaged road as soon as and complete work

    Regards

    Swami

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