A joint venture (JV) of Hindustan Construction Company (HCC) and Vensar Constructions Company has secured a highway contract worth INR11.4bn ($162.5m) from the Public Works Department (PWD) of government of Manipur, India.
HCC has a 73% share in the joint venture that is worth INR8.13bn ($118.6m). The scope of the work will include the construction of Imphal-Kangchup-Tamenglong highway that forms a part of Asian Highway No1.
The 111km highway will stretch from Imphal City to Tamenglong, passing through districts of West Imphal and Tamenglong connecting settlements of Imphal, Kangchup, Haochong, Bhalok and Tamenglong.
The initial 15km of the road between Imphal and Kangchup will be an existing road in plain terrain, while 96km of the road will be mostly in the mountainous terrain between Kangchup and Tamenglong.
The highway is expected to offer the shortest connectivity from Manipur to NHAI’s East West Corridor, as well as reduce the distance from Guwahati to Imphal by at least 90km compared to the existing route through Dimapur.
The project, backed by Asian Development Bank, is expected to be completed within 42 months.
HCC president and CEO- E&C Arun Karambelkar said: “HCC is proud to receive the order from the Manipur government for this prestigious road project, which will provide impetus to the socio-economic development of the state.
“This order is strong attestation of HCC’s delivery in infrastructure. HCC with its sound engineering expertise and committed team is all set to leverage the opportunities in the infrastructure space.”