New Delhi, Jun 6 (UNI) The National Highways Authority of India (NHAI) today signed a concession agreement for six-laning of the 225.60 km long Gurgaon-Jaipur Section of the National Hihhway-8 in the State of Haryana and Rajasthan under NHDP Phase-V.
The project has been awarded on BOT (toll) basis on DBFO (Design-Build-Finance-Operate) pattern.
The total project cost is Rs 1896.25 crore and the concession period is 12 years, including construction period of two and a half years. The revenue sharing with NHAI by the concessionaire would be 48 per cent from the appointed date.
There will be service roads on both sides all along the project with adequate provisions for bridges, fly-overs/grade separators, pedestrians under-passes, and automatic traffic counter, variable message signs and closed circuit telephone cameras.
The agreement was signed by NHAI in presence of Mr N Gokulram, Chairman and other senior officials of NHAI with M/s ETA-KMC Consortium.
This is the fifth contract agreement signed by NHAI in last about one month's time for six-laning under NHDP Phase-V.
UNI NAZ SR RAI2100