Wednesday, October 15, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Banking & Finance

Tenders: ADB’s US$190m for upgrading Rajasthan roads

Fiinews by Fiinews
October 13, 2019
in Banking & Finance, Infrastructure, Projects, Roads, Tenders
Reading Time: 1 min read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

PPP concessions and EPC contracts

 

Asian Development bank Logo

 

The Asian Development Bank and the Indian Government has signed a US$190 million loan to upgrade 754 km of state highways and major district roads (MDRs) to two-lane or intermediate-lane standards that will benefit about 26 million people in 14 districts of Rajasthan.

About 1,000-km of state roads were upgraded under the US$220 million Tranche 1 loan which was signed in July 2017.

The Tranche 2 roads pass through mostly rural areas of Rajasthan that lack reliable connectivity and will help improve access to health, education facilities and markets leading to increased job opportunities.

The the project will encourage participation of private sector through Hybrid Annuity Mode and engineering procurement construction (EPC) contracts, said Kenichi Yokoyama, Country Director of ADB’s India Resident Mission.

The ADB value-addition will consist in financing part of the construction costs for the annuity-based public private partnership (PPP) concessions and EPC contracts and ensure good governance during project implementation, particularly on procurement and safeguards.

The annuity-based PPP model attracts private sector financing to address capital investment requirements, where a proportion of initial capital expenditure is paid during construction while the balance is serviced by annuity payments during the operation and maintenance phase.

The toll collection rights will remain with the state public works department to bring sustainability in operation and maintenance of the project.

For the benefit of commuters and pedestrians, particularly women and children, the project provides for constructing more than 200 bus stops, 70 km of hard shoulder, and 2 km of raised sidewalk on project roads. fiinews.com

Tags: Asian Development BankMinistry of Finance
ShareTweetShare

Related Posts

GWF
Projects

Project: PM GatiShakti – Offshore for Blue Economy

by Fiinews
October 15, 2025
0
11

Digital platform for offshore development Aiming to strengthen India’s Blue Economy and support the nation’s transition toward green energy and...

Airport Authority of India.
Tenders

Tender: Rs.10,300cr projects planned in Puducherry

by Fiinews
October 15, 2025
0
16

Work in progress on UT’s Rs.11,000cr NHs Minister of Road Transport and Highways Nitin Gadkari said National Highway (NH) projects...

DPIIT

Tender: NMP works on international collaborations

October 15, 2025
13
Pm modi farmers

Project: PM launches Rs.35,400cr agri-schemes

October 14, 2025
12
PIB

Project: Energy security is pressing challenge

October 14, 2025
12
MEA

Project: India works on nature-positive development

October 12, 2025
13
SBI YONO
Sabit

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: Fintech ecosystems continue expanding
  • Invest: TVS Fund 4 gets CRISIL grading
  • Market: Netcore Cloud to “Do The Impossible”
  • Export: India calls for Spice Standards
  • Invest: India funds Mongolian oil refinery

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.