New Delhi: National Highways Authority of India (NHAI) has revived PPP partnership and identified various stretches on pan-India basis which will be constructed through Public Private Partnership (PPP) on Build-Operate-Transfer (Toll) mode. These stretches have been selected on the basis of consultation with the perspective bidders.
NHAI has already invited the proposal for annual pre-qualification for the construction of 4-6 lanes of National Highways for these stretches. "The Process of Annual Pre-Qualification will not only streamline and ease the bid process of the individual project on BOT (Toll) mode but also give an idea about the market response," a press release said. Certain modifications have also been made in the existing RFAQ to make it more industry-friendly.
The identified stretches cover about 950 km with a cost of about Rs 30,000 crore in the states of Andhra Pradesh, Haryana, Maharashtra, Karnataka, Tamil Nadu, West Bengal, Chhattisgarh and Madhya Pradesh.
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