Pure PPP Projects Preferred In Highways
At least five firms have evinced interest in two national highway projects under the traditional build operate transfer (toll) model.
The highway sector seems to witness investor interest in pure public-private partnership (PPP) projects. At least five firms - IRB Infrastructure Developers, Ashoka Buildcon, Adani Road Transport, Oriental Structural Engineers and PNC Infratech have evinced interest in two national highway stretches totalling 132 km.
The National Highways Authority of India (NHAI) had invited request for proposals (RfPs) for six-laning of the two stretches in West Bengal – Panagarh to Palsit (67.75 km) and Palsit to Dankuni (63.83 km) on the NH-19. Three extensions have already been given for submission of final bids, with the latest deadline being
9 July 2020. Bids will be opened on 10 July 2020.
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