PBA wins contract for Mihan road terminal
A Business Correspondent
PBA Infrastructure Ltd, Mumbai, has won a Rs 45.92-crore
order from Nagpur Sical Gupta Road Terminal Ltd for construction of roads, paved
areas and drains at the Mihan project site near Nagpur where a multimodal
international aviation hub is coming up.
NSGRTL is a JV between Sical Infra Assets Ltd (51 per cent), Gupta Coal (23 per
cent) and Maharashtra Airport Development Company Ltd (26 per cent). Sical Infra
Assets Ltd is a subsidiary of Sical Logistics Ltd.
A spokesperson of PBA said that the contract was due for completion over eight
months. The Mumbai company is also involved in executing an order for "road
network and related elements" at Mihan. This Rs 143-crore order, being executed
with Gujarat-based Sadbhav Engineering Ltd, relates to the upcoming airport. The
PBA official said that the order was scheduled to complete shortly. The total
value of the contract now stands at Rs 180 crore due to some additional works
assigned by the project implementing agency, the official noted.
According to information available with Projectmonitor, the Mihan road terminal
expected to cost Rs 119 crore, is coming up on 60 hectares of land, on BOT
basis. It will have parking facilities for 1,150 vehicles including multi-axle
vehicles, warehousing space of 0.5 million sq. ft, 15 hectares of open plots and
45,000 sq. ft of cold storage facility.
In parallel, the aviation hub will also have a rail terminal on a 24-hectare
leased plot on BOT basis. Designed to handle 1.5 lakh TEUs of container traffic
per year, the terminal will be equipped with electrified railway sidings.
[Page 10: Orders & Contracts]
[January 19-25, 2009]