The six-laning of Ahmedabad-Vadodara expressway of National Highways Authority of India (NHAI) is likely to be completed by 2015.
Work on the Rs 3,300 crore project has already commenced and the financial closure is expected to be over soon. The venture is being executed under design, build, finance, operate and transfer (DBFOT) basis in BOT (Toll) mode of delivery. The proposed expressway is expected to fetch an annual income of Rs 300 crore from the toll collection.
Meanwhile, NHAI is likely to complete work on a road project connecting Ahmedabad in Gujarat, and Indore in Madhya Pradesh. Work on the Gujarat end is almost completed and that on the other side is being executed swiftly. The four-laning of road between Jetpur in Rajkot and Somnath in Junagadh is also nearing completion. However, the project is facing a small issue pertaining to land acquisition on Junagadh by-pass, which will be resolved soon