• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

DS Constructions Ltd (DSCL) has signed the concession agreement with National Highways Authority of India (NHAI) for four-laning of the Gwalior-Jhansi Expressway section on NH-75 on buildoperate- transfer (annuity) basis. The 80.127-km long expressway will be constructed at a cost of over Rs 650 crore within 30 months. The concession period for the project is 20 years.

The work on the project entails design, construction, development, finance, operation and maintenance of the project, including rehabilitation and upgradation from the existing two lanes to four lanes, said a release.

According to Mr N.D. Mehra, Director, DSCL: "Recently, we were successful in raising the entire debt amount for two significant projects worth Rs 736 crore, one of which is in Uttar Pradesh. This is our second significant project in Uttar Pradesh after the Lucknow- Sitapur expressway project. With this project our order book stands in excess of Rs 4,000 crore in the roads, highways and expressway sector with over 525 km in length under construction."

More Stories on : New Business | Alliances & Joint Ventures | Roadways

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Dr Reddy's diabetic drug enters phase I trials

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line