Roads and Highways sector projects by Road Transport and Highways in Multi Location
Project Information
7019
Road Transport and Highways
The Highway Ministry has approved 13 projects worth Rs.10,300 crore, for building 672 km of national highways. The projects will be awarded by March-end.
The approval came at a meeting chaired by Sanjay Mitra, Secretary, Road Transport and Highways Ministry. The projects approved include part of the Kishangarh-Udaipur-Ahmedabad highway development project, which was awarded to GMR Infrastructure on a high premium and subsequently terminated. In this stretch, three will be awarded on a build-operate-transfer (Toll) basis, while one will be awarded on a hybrid annuity model. These would not require any further approvals from the public-private-partnership appraisal committee.
Of the total projects, three are on build-operate-transfer-(toll) basis, three on hybrid annuity model and the remaining on engineering procurement contract.
Till January 31, 7.000 km of highways were awarded and 4,600 km of highways were constructed.
In a related move, the National Highways Authority of India Chairman Raghav Chandra, while inaugurating the NHAI day, said that the Authority is readying to implement electronic toll collection, which will offer a discount of about 10 per cent in the first year, 7 per cent in second and 5 per cent in the third year onwards, to the users.
Project Value
INR 10300 Crore /-
Investment Approved
Multi Location
Multi State
India
Roads and Highways
Disclaimer :
We takes all possible care for accurate & authentic tender information, however Users are requested to refer Original source of Tender Notice / Tender Document published by Tender Issuing Agency before taking any call regarding this tender.
