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

  • Indian deal for key highway project
    February 29, 2012
    Work is progressing on the 180km National Highway 18 project in India linking Kurnool and Kadapa.
    Read More
  • Indian road paving record set
    June 20, 2022
    A road paving record has been set in India.
    Read More
  • Colombian city Cali benefiting from infrastructure
    October 4, 2013
    In the Colombian city of Cali, two projects are now in hand that will improve transport connections for commuters. Plans are in hand for a new 62km ring road around the city that would be constructed under the PPP model and cost an estimated US$697 million. A number of Portuguese and Spanish companies are involved in the proposed ring road project, although the opening of the tender process is still some way off as Federal Government approvals have yet to be given. The city will also benefit from the constr
    Read More
  • Interest strong in Mexican highway tender
    July 28, 2014
    Interest has been strong for a Mexican highway contract. In all 13 companies are considering bidding for the Tuxpan-Tampico highway concession in Veracruz state, reports Business News Americas. Local firms Tradeco Infraestructura, OHL México, Mota Engil México, La Peninsular Compañía Constructora, Acciona Infraestructuras México and Coconal have all shown interest in the project. The contract is for a 106.6km highway, which will run from Tuxpan-Ozuluama and connect two of the country’s busiest Gulf Coast po
    Read More

Highlighted Content