The National Highway Authority of India (NHAI) has launched a pre-qualification bid for the Build-Operate-Transfer (BOT) concession scheme of around 950-kilometer road with an estimated worth of about INR300 billion (US$4.23 billion).
The identified projects cover the states of Andhra Pradesh, Haryana, Maharashtra, Karnataka, Tamil Nadu, West Bengal, Chhattisgarh, and Madhya Pradesh.
The tender for these projects will be launched before the beginning of the new financial year. Under the BOT scheme, the developer will build the project using its own funds, operate it, and transfer the ownership to the government after a certain period.
Country updates
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September 24, 2019
RFEOI launched for convention center under Ujjain Smart City in Madhya Pradesh
Ujjain Smart City Ltd (USCL) has launched a request for expression of interest (RFEOI) for interested developers to design, build, finance, operate, and transfer (DBFOT) of a convention center under p...
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September 17, 2019
Mitsui & Co sets to sell stake in Columbia Asia Healthcare , Asian Hospital Group
Mitsui & Co., Ltd is selling its stake in International Columbia U.S. (ICU), a holding company that has invested in, and controls the hospitals and clinics of Columbia Asia Group in Mala...
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September 05, 2019
RFQ launched for Water Supply Grid project in Marathawada
The government of Maharastra with Maharashtra Jeevan Pradhikaran (MJP) in India has issued a request for qualification for the water supply grid project in Marathawada. The project includes...
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September 01, 2019
Operation begins for Ferry service between Mumbai and Surat
The Government of Gujarat in India has announced that the operation of ferry service between Mumbai and Surat will begin from November 2019. The ferry service has 20 air-conditioned rooms and wit...
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August 13, 2019
ADB approves US$ 200 million for rural roads upgrade in Maharashtra state of India
The Asian Development Bank (ADB) has approved a loan of US$ 200 million to upgrade rural roads to all-weather standards in 34 districts of India’s Maharashtra State to better connect rural areas...
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