C&C Construction to invest in Indian road projects

22 February 2012

India-based C&C Constructions has unveiled a plan to invest Rs20bn ($4bn) to widen 200km of national highways in the Indian state of Bihar.

The firm is currently carrying out road projects connecting the towns of Bihar, including a 50km stretch linking Patna to Bakhtiarpur, at a cost of Rs9bn($182.9m).

BSCPCL infra - C&C joint venture chief general manager Ashok Kumar was quoted by Economic Times saying that the company is planning to complete all the projects at least six months ahead of schedule.

The road construction projects the company is carrying out in the state include building an 84km stretch between Muzaffarpur to Sonbarsa, being implemented at a cost of Rs6.5bn ($133m), and a 70km Mukamma to Munger stretch at an expected cost of Rs4.4bn ($90m).

Earlier the company completed the upgrade of nearly 674km of roads in Bihar, which included more than 500km of state highways, about 150km of national highways and one integrated toll plaza on National Highway-31.

C&C Construction has already received a Rs10bn ($203m) fund for the construction of three state highways.

The roads were constructed in flood-prone areas, which directly or indirectly benefit 50 million people in the state.

Most of the roads are steam-cured and have been built 5ft above the highest flood level to make the roads flood-proof in the remote flood-prone areas.