Highways Authority awards Rs.3.4 Bn contract

Hindustan Construction, an infrastructure development company, has bagged a Rs.3.4 billion order from the National Highways Authority of India (NHAI) to construct a highway near here, the company announced Tuesday.The order will be for constructing a 4.4-kilometre elevated six-lane highway at Badarpur off National Highway 2 (Mathura Road) near Delhi on a build, operate and transfer (BOT) basis, the company said in a statement.
The concession period is for 20 years including the estimated construction period of 24 months.