CCEA approves four laning of Cuddapah-Mydukur-Kurnool HighwayJanuary 15th, 2009 - 5:32 pm ICT by ANI
New Delhi, Jan 15 (ANI): The Cabinet Committee on Economic Affairs (CCEA) today gave its approval for four laning of Cuddapah-Mydukur-Kurnool section (km 167.750 to km 356.030) of National Highway-18 in Andhra Pradesh.
Under the National Highways Development Project (NHDP) Phase III, the project has been given on Design, Build, Finance, Operate and Transfer (BOT/DBFOT) basis.
The project cost for four laning is estimated as Rs.1754.12 crore including the cost of Land Acquisition (LA), Rehabilitation & Resettlement (R&R) and pre-construction.
The Government would provide the Viability Gap Funding (VGF), which would not exceed 40 per cent of the total project cost excluding the cost LA, R&R and pre-construction.
The project will be developed by the National Highways Authority of India (NHAI) through the private sector concessionaires who will be selected by NHAI following two stage bidding process.
The first stage of the bidding process that is pre-qualification of the bidders has already been completed by NHAI. The second stage of bidding process is in progress.
The concession period for both the sub-project is kept as 30 years including 910 days of construction period.
The CCEA also approved four laning of Walayar-Vadakkancherry section (km 182 to 240) and six laning of Vadakkancherry-Thrissur section (km 240 to km 270) of NH-47 in Kerala.
Under the National Highways Development Project (NHDP) Phase II, the project has been given on Design, Build, Finance, Operate and Transfer (BOT/DBFOT) basis.
The project cost for four laning between Walayar-Vadakkancherry section is estimated as Rs.686.57 crore including the cost of Land Acquisition (LA), Rehabilitation & Resettlement (R&R) and pre-construction.
The project cost for six laning of Vadakkancherry-Thrissur section is estimated as Rs.643.52 crore including the cost of Land Acquisition (LA), Rehabilitation & Resettlement (R&R) and pre-construction.
The concession period for both the sub-project is kept as 20 years including 30 months of construction period. (ANI)
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Tags: bidders, cabinet committee, ccea, concession, concessionaires, construction period, crore, economic affairs, kerala, land acquisition, laning, national highways authority, nhai, phase iii, pre construction, pre qualification, resettlement, second stage, vgf, viability