The NHAI plans to float tender for two mega road projects worth Rs 7,800
crore in the next two months.
The two projects to be awarded are for Kishangarh-Udaipur-Ahmedabad stretch
in Rajasthan and Gujarat and Ichapuram-Visakhapatnam-Rajahmundry section of NH-5
in Andhra Pradesh. While the first project is expected to cost Rs 4,284 crore,
the second has an estimated cost of Rs 3,550 crore.
As per sources, the highway works are to be awarded on a revenue-share basis,
under which the developers will pay a part of the toll earnings to the Union
Government.
Also See:
NHAI
to improve 7,305 kms of highways in FY11 (27-Mar-10)