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L&T-Daewoo JV to construct new six-lane bridge over Ganga in Patna

Company L&T-Daewoo
Location Bihar
Source BS, Nov 24,’15

The Bihar government has issued an order to L&T Construction and Daewoo Engineering joint venture for construction of a six-lane bridge over Ganga river, parallel to Mahatama Gandhi Setu. The bid documents will now be sent to Asian Development Bank (ADB) for clearance as International Financial Institution (IFC) is funding two-third of the project. The construction is expected to start by February next year. The project would cost a total of Rs. 5,000 crore, of which Rs. 3,000 crore will be financed by the ADB. The state government has already allotted the rest of the amount.

 



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