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L&T said it has emerged as the successful bidder to develop two contiguous road projects of 484 km at a cost of Rs 4,800 crore.
L&T Infrastructure Development Projects Ltd, which bagged the National Highways Authority of India (NHAI) contract, said it will be executed through special purpose vehicles. The concession period is 20 years and includes 30 months for construction.
The two road sections are part of NH 6, which connects Surat to Kolkata, and a prominent East–West connector. The NH 6 passes through states such as Orissa, Chhattisgarh, Maharashtra and Gujarat.
The stretches extend from Amravati to Jalgaon (275 km- Project 1) and Jalgaon to Maharashtra, near Surat (209 km- Project 2).
L&T said the projects are the longest stretches to be offered in Maharashtra on BOT (build–operate-transfer) basis.
Currently, the road has two lanes. It will be widened to four with bypasses, flyovers, overbridges across all railway level crossings, besides underpasses, bridges and toll plazas.
L&T said the projects will be built by the construction arm of L&T as an engineering, procurement and construction contract.
The project is expected to facilitate seamless, safe and faster commute between cities such as Surat, Dhule and Nagpurand and also pave the way for the development of the Vidharbha region.
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