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October 28, 2022

Five largest construction projects initiated in India in Q3 2022

By Carmen

Here are the five largest construction projects initiated in India during Q3 2022, according to GlobalData’s construction projects database.

1. Jewar Greenfield Airport Development – $3,737m

The project involves the construction of six-runway airport on 2,900ha of land in Noida, Uttar Pradesh.

Construction work started in Q3 2022 and is expected to be completed in Q4 2032.

The main aim of the project is to connect cities such as Agra, Mathura, and Gautam Buddh Nagar to the world’s aviation network, to further the industrialization of the region and, promote the tourism sector by increasing traffic inflows.

2. Sonepat Car Manufacturing Plant – $2,416m

The project involves the construction of a manufacturing plant on 323.74ha of land in Sonipat, Haryana.

Construction work commenced in Q3 2022 and is expected to finish in Q4 2030.

The project aims to boost the company’s production capacity. it will generate employment for 13,000 people.

3. Sardar Vallabhbhai Patel International Airport Expansion – $2,370m

The project involves the expansion of a 400,000m2 airport to handle 40.33 million passengers per annum in Ahmedabad, Gujarat.

Construction work started in Q3 2022 and is forecast to complete in Q1 2026.

The project is part of Adani Airport Holdings Ltd (AAHL), owned Adani Enterprises Ltd.’s $2,937 million (INR232,000 million) plan to expand the Sardar Vallabhbhai Patel International Airport and Mangaluru International Airport.

4. Pathankot to Mandi Highway Upgrade – $1,116m

The project involves the upgrade of a 219km highway between Pathankot in Punjab to Mandi in Himachal Pradesh to a four-lane highway in India.

Construction work commenced in Q3 2022 and is expected to be completed in Q4 2026.

The project aims to provide a better transport network and reduce traffic congestion in the region.

5. Gujarat Solar Power Plant 600 MW – $500m

The project involves the construction of a 600MW solar power plant in Gujarat.

Construction work started in Q3 2022 and is expected to be completed in Q1 2024.

The project aims to meet the growing demand for power in the region.

Methodology:This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.

Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.

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