Our Bureau

New Delhi, Nov. 20

THE National Highways Authority of India (NHAI) has signed a concession agreement for four-laning the Ambala-Chandigarh section of NH - 21 and 22. The cost of construction is Rs 298 crore.

The agreement was signed by NHAI with GMR Ambala Chandigarh Expressway Private Ltd.

The four-laning of the about 36 km long, high-traffic density corridor of Ambala-Chandigarh section on build, operate, transfer basis is expected to be completed in 30 months at a cost of Rs 298 crore, said an official statement.

The agreement involves the highest negative grant so far received by NHAI under NHDP-Phase IIIA. The concessionaire would pay NHAI a grant of Rs 105.86 crore during a concession period of 20 years.

The Ambala-Chandigarh Section is two-laned but on completion, this stretch would be a 4-laned road with paved shoulders. In addition, it would have nearly 21 km of service roads on either side in the following towns and villages through which the 4-lane highway would pass - Dhulkot, Sultanpur, Lalru, Dappar, Sakhpur, Madhopur and Sadopur.

Under NHDP-Phase III A, fifteen projects worth Rs 4,520 crore covering a length of 929 km have been awarded so far.

Loan pact for NH 28: The Government and the World Bank today signed a loan agreement of $620 million to upgrade the National Highway 28 stretch between Lucknow and Muzaffarpur in Bihar on the East-West National Highway Corridor, according to a World Bank statement.

The loan agreement was signed by Mr Madhusudan Prasad, Joint Secretary, Department of Economic Affairs; Mr Nirmal Jit Singh, Member (Technical), National Highways Authority of India and Mr Michael F. Carter, Country Director-India, World Bank. The project is the fourth World Bank loan to support the Government's National Highway Development Project.

(This article was published in the Business Line print edition dated November 21, 2005)
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