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BOT contract signed for Meerut-Muzaffarnagar highway

Monday, 12 Sep 2005
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National Highways Authority of India, on 9 September 2005, signed a Rs.360 crore agreement with Western UP Tollway to develop the Meerut-Muzaffarnagar section on NH-58 in Uttar Pradesh, on BOT basis.

The project involves four-laning of the 78.31 km high-traffic density section, expected to be completed in 36 months. The concessionaire, Western UP Tollway Ltd -- a joint venture between Nagarjuna Construction Co and MAYTAS Infra Pvt Ltd -- has been given a grant of Rs.127.8 crore for a concession period of 20 years including construction period of three years.

The development of the Meerut-Muzaffarnagar section -- currently two-lane except for isolated four-lane stretches of about 6 km -- is part of NHDP - III A.

This is the second concession agreement signed under NHDP (III-A). In July 2005, a concession agreement was signed to develop the 12 km Guna Bypass in Madhya Pradesh, on BOT basis. [No further details of this contract are available.]

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