Advertisement
In this episode of Prop Personalities, we sit down with Hars...
Luxury real estate is one of the most talked-about segments ...
Welcome to Prop Personalities by Prop News Time - a podcast ...
Airports play a much bigger role than just enabling travel -...
Why does the same hotel brand operate multiple properties in...
SRM Contractors has been awarded an INR 483 crore contract by the Maharashtra State Infrastructure Development Corporation (MSIDC) for a key package of the Nashik Ring Road project. The contract covers a 14.02 km stretch on the southern side of the 66.15 km corridor, which is being developed to ease congestion and improve connectivity ahead of the 2027 Simhastha Kumbh Mela. The project will be executed under the engineering, procurement and construction (EPC) model with a completion timeline of 12 months. The broader ring road initiative, estimated at over INR 7,600 crore, is a central component of Nashik's infrastructure upgrade plan linked to the upcoming religious event.
SRM Contractors has secured an engineering, procurement and construction (EPC) contract worth INR 483 crore from the Maharashtra State Infrastructure Development Corporation (MSIDC) for a section of the Nashik Ring Road project, with execution expected to be completed within 12 months. The award, announced in the past week, covers Package 6 of the project, involving construction of a 14.02 km stretch on the southern side of the proposed ring road. Advertisement
The stretch falls between design chainage 14.950 km and 28.970 km and forms part of a larger 66.15 km outer ring road planned to encircle Nashik city. The broader project is being implemented by MSIDC at an estimated cost of around INR 7,613 crore, including land acquisition and civil works.
The Nashik Ring Road is a key infrastructure initiative linked to preparations for the Simhastha Kumbh Mela scheduled in 2027. Authorities have set a target to complete the corridor by March 2027 to ensure it is operational ahead of the large-scale religious gathering, which is expected to draw significant footfall and place pressure on the city's transport network.
The proposed alignment passes through several strategic locations, including DRDO Junction, Dindori Road, Gangapur Road, Trimbak Road and Vilholi, connecting major highways and enabling traffic to bypass congested urban areas. By diverting through traffic away from the city centre, the ring road is intended to improve mobility for both local residents and incoming pilgrims.
The EPC model adopted for the package places responsibility for design, procurement and construction on the contractor, allowing for integrated execution and tighter timelines. Officials have indicated that such packaging of works is intended to accelerate delivery across multiple segments of the ring road simultaneously.
The project forms part of a broader infrastructure push in Nashik linked to the Kumbh Mela, where multiple road, bridge and civic upgrades are being undertaken to manage anticipated traffic volumes and improve urban mobility. Ring roads, in particular, are seen as critical in handling high-volume transit traffic by creating peripheral routes that reduce pressure on inner-city roads.
For SRM Contractors, the contract adds to its existing order book and strengthens its presence in Maharashtra's road construction segment. The company, which specialises in EPC infrastructure projects, is expected to execute the package within a compressed timeline, reflecting the urgency associated with Kumbh-related infrastructure delivery.
The awarding of this package indicates continued progress in tendering and execution of the Nashik Ring Road, which remains one of the largest urban mobility projects currently under development in the region. As construction advances across different sections, timely completion will be critical to ensuring seamless connectivity and traffic management during the 2027 event.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
