Dilip Buildcon bags Rs 2,000 cr highway project from NHAI

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Press Trust of India New Delhi
Last Updated : Aug 18 2016 | 8:42 PM IST
Engineering firm Dilip Buildcon today said it has bagged a Rs 2,016 crore highway four-laning project from National Highway Authority of India (NHAI).
The company "received LOA (Letter of Award) from NHAI for four laning of Lucknow-Sultanpur section of NH-56 from 11.50 to km 134.70 in the state of Uttar Pradesh under (approx. length 123.300 km) NHDP Phase IV on a hybrid annuity basis", it said in a BSE filing.
According to the statement, the estimated project cost is Rs 2,016 crore. The concession period is 15 years, excluding construction period of 910 days.
"We are extremely happy that we bagged this order, which is the largest under HAM category. This will further strengthen our position in the road construction sector.
"We had an order book of Rs 10,530 crore as of March 31,2016 and since then we have bagged contracts worth Rs 2,600 crores.
The Ministry has developed a vast network of National
Highways for smooth passage of vehicle.
"At the same time, the speed of the vehicle has gone up now," Radhakrishnan said, pointing to rise in accidents due to over-speeding.
Union Health Secretary C K Mishra observed that there was shortage of trauma care facilities and manpower in India to handle trauma care and stressed on investment in the area.
"To reduce mortality and morbidity, are we able to invest enough in creating facilities (trauma care) in this country? I don't think so. We should build more trauma centres. When we talk about the trauma care in India, there is acute shortage of manpower who actually can handle trauma care.
"Trauma centres are just not about setting up routine hospitals, it's not about primary care, you need super specialization to handle that. What we have done in most of the places is just couple of levels above primary care. There has to be lot of work in that. Unless we invest, the results are going to be very good," Mishra.
He also stressed on fixing individual responsibilities citing law enforcers and law makers alone cannot curb road accidents.
To remember victims of road traffic crashes, sensitize key stakeholders about the burden of road traffic injuries and advocate actions at individual and societal levels to make roads safer, WHO along with the Ministry of Health & Family Welfare (MoHFW) and Ministry of Road Transport and Highways (MoRTH) organized a consultation on Multisectoral Response to Road Traffic Injuries today.
WHO is also supporting a walkathon in Delhi on November 20 with approximate 100 runners spreading messages on the risk factors of speeding, drunk-driving, not wearing a helmet, jumping red light.
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First Published: Aug 18 2016 | 8:42 PM IST

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