Work on Hyderabad-Vijayawada section of NH-9 to be over by October 2012

News Posted - 2010-03-21

Highlighting the importance of laying roads in nation-building, the Union Minister of State for Road Transport & Highways R. P. N. Singh asserted that the four-laning of the Hyderabad-Vijayawada section of the National Highway-9 would be completed by October 2012.

He was addressing a public meeting after laying the foundation for the four-laning of the 182-km stretch of NH-9 at Narketpally on Sunday evening. Chief Minister K. Rosaiah and Union Minister for Urban Development S. Jaipal Reddy attended the function, the first major one in Telangana region in the last three months.

BOT basis

Mr Singh said that the expansion project from Hyderabad to Vijayawada on NH-9 was taken up at an estimated cost of Rs 1,170 crore on Build, Operate and Transfer (BOT) basis. The project also envisages augmenting the four-lane facility to six-lane standards before 14th year.

The NH-9, which begins at Pune in Maharashtra, extends over 841 km with 336 km in Maharashtra, 75 km in Karnataka and 430 km in Andhra Pradesh and ends at Machilipatnam.

A total of 525 km the National Highways has been identified in Andhra Pradesh for four-laning on BOT basis under NHDP Phase-III, the Union Minister said, adding that four-laning of 1,024 kms length of NH-5 (Golden Quadrilateral) was already completed. The stretch is now again being improved to six-laning standards by the National Highways Authority of India.

Project delayed

Mr Jaipal Reddy said that the project which was sanctioned in November 2007 was delayed due to technical reasons.

The contractors approached the courts which further delayed the execution of the project by one year. Ultimately the project took off much to the delight of all of us, he remarked.

Chief Minister K. Rosaiah said that improved road infrastructure fosters the comprehensive development of backward areas.

The expansion project would ease traffic congestion and prevent accidents on the high traffic density stretch of NH-9 which earlier witnessed accidents at regular intervals, he said.

Source: The Hindu 22/3/10

GMR Infra wins Rs1,460 crore Hyderabad-Vijayawada four-lane highway project

GMR Infrastructure Ltd has emerged as the winning bidder for the coveted Rs1,460 crore Hyderabad-Vijayawada four-lane highway project.

New Delhi: Infrastructure developer GMR Infrastructure Ltd has emerged as the winning bidder for the coveted Rs1,460 crore Hyderabad-Vijayawada four-lane highway project.

The company was one of the five bidders on the project, which was mired in controversy after several rounds of litigation in the Delhi high court and the Supreme Court over who would be allowed to place bids for the project.

When the bids were opened on 19 May, GMR had offered to share revenues from some 11,169 days before the date of completion of construction. The firm will effectively start sharing around 31% of the revenue in the first year, with an annual increment of one percentage point for the duration of concession—25 years.

The project is among the few that saw high interest from bidders struggling to raise funds. A GMR spokesperson declined to comment, saying the company preferred not to respond to news that was not formally in the public domain.

“It isn’t that there is no interest. It is just that you need to structure the project properly,” said a senior government official who didn’t want to be identified.

“We are receiving interest in some projects, but most of the projects that are being rebid are not viable,” said an official with the National Highways Authority of India, who also requested anonymity.

Revenue share: A road under construction. GMR will share around 31% of the revenue in the first year of the concession period.

Source: Socaltelugu.com