India Development News & Foreign Investment Opportunities

NHAI bid to revive Public Private Partnership

Pan India stretches identified

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Pan India stretches identified

NHAI.

 

National Highways Authority of India (NHAI) has identified Rs.30,000 crore worth stretches on pan India basis which will be constructed through Public Private Partnership on Built Operate Transfer (Toll) Mode.

These stretches, about 950 km, have been selected in consultation with the perspective bidders, said the Ministry of Road Transport and Highways on 19 Sept 2019 in Delhi.

NHAI has already invited the proposal for Annual Pre-Qualification for construction of 4/6 lane of National Highways for these stretches.

The Process of Annual Pre-Qualification will not only streamline & ease the bid process of the individual project on BOT (Toll) Mode but also give an idea about the market response. Certain modifications have also been made in the existing RFAQ to make it more industry friendly.

The identified stretches are in Andhra Pradesh, Haryana, Maharashtra, Karnataka, Tamil Nadu, West Bengal, Chhattisgarh and Madhya Pradesh. fiinews.com

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