Strong interest in Indian highway project

Strong interest has been reported in a major highway project in India. PNC Infratech, Sadbhav Infrastructure, Ashoka Buildcon, and APCO Infratech have all been bidding to win the Meerut-Bulandshahr highway project. This is worth some US$105 million and involves the construction of a 62km highway link. The project will be carried out under the hybrid annuity model (HAM), with the builder and Indian Government splitting the construction cost 60:40. Under the HAM model, the Indian Government also has plans for
December 11, 2015 Read time: 1 min
Strong interest has been reported in a major highway project in India. PNC Infratech, Sadbhav Infrastructure, Ashoka Buildcon, and APCO Infratech have all been bidding to win the Meerut-Bulandshahr highway project. This is worth some US$105 million and involves the construction of a 62km highway link. The project will be carried out under the hybrid annuity model (HAM), with the builder and Indian Government splitting the construction cost 60:40. Under the HAM model, the Indian Government also has plans for 19 more national highway projects that will involve the construction of 1,300km of highways.
Finance & Funding Road Structures

Related Content

  • US$4.4 billion planned for Indian roads
    February 14, 2024
    US$4.4 billion of works are being planned for two Indian road projects.
    Read More
  • Colombia’s infrastructure development
    December 2, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
    Read More
  • Vietnam Expressway Corp to sell five highway routes
    October 31, 2014
    Vietnam is considering selling its ownership in several major highways to help pay for more road projects. The Ministry of Transport (MoT) recently said that the government’s infrastructure investor body Vietnam Infrastructure Development and Finance Investment (VIDIFI), would sell 70% of its ownership in the Hanoi–Hai Phong Highway project to a buyer from India. The move is part of a strategy that could see Vietnam sell off more of its investment in highway projects, either under construction or complete
    Read More
  • IRB wins India’s Agra-Etawah Bypass project on National Highway 2
    June 4, 2015
    IRB Infrastructure Developers has won the Agra-Etawah Bypass project with a winning bid of nearly US$416.5 million, Indian media reported. The project, awarded by the National Highways Authority of India (NHAI), will have six lanes built onto the Agra-Etawah Bypass in Uttar Pradesh state under NHDP Phase 5 of the Build-Operate-Transfer (BOT) Toll model. The 15km Agra-Etawah Bypass runs between the Uttar Pradesh cities of Agra - home to the iconic Taj Mahal mausoleum – and Etawah on the banks of Yamuna
    Read More

Highlighted Content