CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
Andhra Pradesh Government has given the green signal to construction of seven roads proposed by the Visakhapatnam Metropolitan Region Development Authority (VMRDA) as per its master plan.
The development of the seven roads in AP's largest city will involve an investment of Rs154 crore. An official of Municipal Administration and Urban Development said that the roads will increase the mobility and connectivity. The total stretch of the roads will be 26.7 km. The master plan moots connecting the beach road with the National Highway-16 for decongestion of the traffic mainly keeping in view the decision to make Bhogapuram International Airport, located at about 40 km from here, operational ahead of schedule by June, 2026.
GMR Group, which signed the concession agreement for developing the green airport in phases, has awarded the construction work for the first phase to L&T. The first phase is envisaged with an investment of Rs4,500 crore.
The roads proposed from Divi's Lab to Chippada over a stretch of 6.32 km will be laid at a cost of Rs37 crore. A 24-meter road over a length of four km will be laid to connect Nerellavalasa to Tallavalasa enroute Dorathota Road near Vellanki at a cost of Rs4 crore.
Company : Visakhapatnam Metropolitan Region Development AuthorityGMR Group
Larsen and Toubro
Recent News
◉ MEIL secures Rs 13,000 crore nuclear reactor contract - Apr 25,2025◉ EV firm PURE unveils 5MWh grid storage solution - Apr 25,2025
◉ Uppercase to establish its luggage manufacturing plant in Nashik - Apr 25,2025
◉ Titagarh-BHEL collaborate on Rs 24,000 crore project - Apr 25,2025
◉ RITES secures Rs 28 crore Rail Infra contract from Mahanadi Coalfields - Apr 25,2025
◉ HG Infra Engineering qualifies for major battery storage project by GUVNL - Apr 25,2025
◉ Servotech wins 4.1 MW Rooftop solar project from Waltair Division, East Coast Railway - Apr 25,2025