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The Government of India, through the National Highways Authority of India (NHAI), has recently launched the request for proposals (RFP) for several road projects.

The road will be developed on hybrid annuity basis (HAB), which is a mix of engineering, procurement and construction (EPC) and build-operate-transfer (BOT) formats, with the government and the private sector sharing the total project cost in the ratio of 40:60 respectively. The private partner continues to bear the construction and maintenance risks as in BOT projects but it is required only to partly bear financing risk. The developer is also insulated from revenue/traffic risk and the inflation risk

The main objective of the approval is to revive highway projects in the country by making one more mode of delivery of highway projects. By adopting the model, all major stakeholders in the PPP arrangement — the Authority, lender and the developer, concessionaire are expected to have an increased comfort level.

The development of the roads represents a total investment of approximately US$3 billion. The road projects are the following:

• Upgradation of Salasar – Nagaur section of NH-65
• Six lane of Greenfield Proposed Udaipur bypass Package-IV of Kishangarh-Udaipur-Ahmedabad stretch
• Rehabilitation and Up gradation to Four Laning of Binjhabahal to Telebani Section of NH-6
• Rehabilitation & upgradation by Four - Laning of Singhara to Bijhabahal Section of NH-6
• New link (NH-133B) and Manihari Bypass
• Four Laning of Una to Kodinar of NH-8E Phase-IV
• Four Laning of Tuljapur – Ausa Section of NH-361
• Four Laning of Talaja - Mahuva Section of NH 8E Phase IV
• Four Laning of Rampur - Kathgodam section of NH-87 Package II
• Four Laning of Rampur - Kathgodam section of NH-87 package I
• Four laning of Phagwara- Rupnagar Section of NH- 344A
• Four Laning of Mahuva to Kagavadar Phase IV
• Four Laning of Lucknow-Sultanpur Section of NH-56
• Four Laning of Kagavadar - Una section of NH-8E Phase IV
• Four Laning of Gagalheri - Saharanpur - Yamunanagar section of NH-73 road
• Four Laning of Chutmalpur - Ganeshpur section of NH-72A and Roorkee - Chutmalpur - Gagalheri section of NH-73
• Four laning of Bhavnagar-Talaja Section of NH-8E Phase-IV
• Four Lane Stand Alone Ring Road/Bypasses for Nagpur City, Package-II
• Four Lane Stand Alone Ring Road / Bypass for The Nagpur City, Package-I
• Four lane (Partial Access Controlled) Laddowal Bypass
• Elevated Highway between Samrala Chowk and Ludhiana Municipal Limit of NH-95
• Delhi – Meerut Expressway Package II
• 4/6 Laning of Kharar to Ludhiana Section of NH-95

InfraPPP understands that only bidders previously qualified in the Annual Pre-qualification process for Public Private Partnership projects are eligible to participate in these tender processes.