With a bid value of ₹153.34 crore, Nikhil Construction Group emerged as the lowest bidder (L1) and won the road improvement project in Maharashtra. The contract for extending the Talegaon Chakan Shikrapur-Nhavara stretch of NH-548 D was granted by the Ministry of Road Transport & Highways (MoRTH).
The project upgrades to a 2L+PS/4L configuration, spanning from the current chainage km 54/000 to 82/300 and the design chainage km 54/000 to 82/120 (Shikrapur to Nhavara Section). There is an 18-month construction phase and a 10-year maintenance period included in the engineering, procurement, and construction (EPC) contract.
Nikhil Construction Secures Maharashtra Road Project with ₹153.34 Crore Bid
Pune, Maharashtra – In a significant development for Maharashtra’s infrastructure sector, Nikhil Construction has won a road development project worth ₹153.34 crore. The project aims to enhance connectivity and road infrastructure in the state, contributing to smoother transportation and economic growth.
Project Overview
The Maharashtra road project, awarded to Nikhil Construction, involves:
- Upgradation and widening of key road stretches to improve traffic flow.
- Construction of durable road surfaces for enhanced safety and efficiency.
- Implementation of modern road engineering standards for long-term sustainability.
- Integration of drainage and lighting systems to enhance road usability.
The project is expected to play a crucial role in improving intra-state connectivity and reducing travel time between major cities and rural areas.
Strategic Importance of the Project
Maharashtra, as one of India’s largest and most industrialized states, relies on robust road infrastructure to support its growing economy. The awarded project will:
- Boost regional connectivity, benefiting businesses and local communities.
- Improve access to industrial zones, ports, and logistic hubs, fostering economic development.
- Reduce congestion and enhance road safety, ensuring smoother traffic movement.
- Create employment opportunities, particularly in construction and allied sectors.
A senior official from Nikhil Construction stated, “We are committed to executing this project with the highest standards of quality and efficiency. This road development initiative will significantly improve transportation infrastructure in Maharashtra.”
Project Implementation & Timeline
The road construction is expected to commence within the next few months, with a projected completion timeline of 18-24 months. The government will closely monitor progress to ensure timely execution and adherence to quality benchmarks.
Government’s Push for Infrastructure Development
The Maharashtra government has been actively investing in road and highway projects, aligning with the Bharatmala and state road development programs. This project is part of a broader effort to modernize the road network and facilitate seamless movement of goods and passengers.
Group Media Publication
Construction, Infrastructure and Mining
General News Platforms – IHTLive.com
Entertainment News Platforms – https://anyflix.in/
Legal and Laws News Platforms – https://legalmatters.in/
