NHAI to Build Guwahati Ring Road on BOT Mode for Rs 57.29 Bn
ROADS & HIGHWAYS

NHAI to Build Guwahati Ring Road on BOT Mode for Rs 57.29 Bn

The National Highways Authority of India (NHAI) has signed a concession agreement with Dineshchandra R Agrawal Infracon for the construction of the 121 km Guwahati Ring Road, marking a significant step towards infrastructure development in the North-East region. The project, valued at Rs 57.29 biillion, will be executed under the Build Operate Toll (BOT) model with no government grant. The concession period is 30 years, including a four-year construction phase.

The State Government of Assam is contributing to the project by covering 50 per cent of the land acquisition cost and providing exemptions on royalty for aggregates and the state’s share of GST. This contribution, estimated at around Rs 12.70 billion, brings the overall project cost to approximately Rs 70 billion.

The Guwahati Ring Road will comprise three main components: a 56 km 4-lane access-controlled Northern Guwahati Bypass, widening an existing 8 km bypass on NH-27 from four to six lanes, and improving a 58 km bypass on the same highway. A major highlight of the project includes the construction of a 3 km bridge over the Brahmaputra River.

The Ring Road is expected to significantly reduce traffic congestion in Guwahati and facilitate smoother connectivity for long-distance traffic on NH-27, which serves as a key corridor to the North-East. It will help bypass traffic headed to destinations like Silchar, Nagaland, and Tripura, while enhancing connectivity to major towns such as Siliguri, Shillong, Jorhat, Tezpur, Jogighopa, and Barpeta.

This project is the first to be awarded under the recently modified Model Concession Agreement, aimed at encouraging more Build-Operate-Transfer projects. As part of India’s Vision 2047, it supports the goal of developing a world-class national highway network through active public-private partnerships.

News source: PIB

The National Highways Authority of India (NHAI) has signed a concession agreement with Dineshchandra R Agrawal Infracon for the construction of the 121 km Guwahati Ring Road, marking a significant step towards infrastructure development in the North-East region. The project, valued at Rs 57.29 biillion, will be executed under the Build Operate Toll (BOT) model with no government grant. The concession period is 30 years, including a four-year construction phase. The State Government of Assam is contributing to the project by covering 50 per cent of the land acquisition cost and providing exemptions on royalty for aggregates and the state’s share of GST. This contribution, estimated at around Rs 12.70 billion, brings the overall project cost to approximately Rs 70 billion. The Guwahati Ring Road will comprise three main components: a 56 km 4-lane access-controlled Northern Guwahati Bypass, widening an existing 8 km bypass on NH-27 from four to six lanes, and improving a 58 km bypass on the same highway. A major highlight of the project includes the construction of a 3 km bridge over the Brahmaputra River. The Ring Road is expected to significantly reduce traffic congestion in Guwahati and facilitate smoother connectivity for long-distance traffic on NH-27, which serves as a key corridor to the North-East. It will help bypass traffic headed to destinations like Silchar, Nagaland, and Tripura, while enhancing connectivity to major towns such as Siliguri, Shillong, Jorhat, Tezpur, Jogighopa, and Barpeta. This project is the first to be awarded under the recently modified Model Concession Agreement, aimed at encouraging more Build-Operate-Transfer projects. As part of India’s Vision 2047, it supports the goal of developing a world-class national highway network through active public-private partnerships. News source: PIB

Next Story
Real Estate

K Raheja Corp launches luxury tower at Raheja Galaxy, South Pune

K Raheja Corp Homes has unveiled a new luxury tower at Raheja Galaxy in South Pune, catering to the growing demand for premium living spaces in the area. Located off NIBM, the project offers seamless connectivity, excellent infrastructure, and a reputation for timely delivery and superior construction quality.The new tower features spacious 2-bed, 3-bed, and 3BHK L residences, priced from Rs 1.29 crore. The homes are designed with modern amenities and a neo-classical architectural style, offering a balance of functionality and luxury. Prices will increase after April 30th, making the early-bir..

Next Story
Infrastructure Urban

PM to Visit Bihar on April 24 for Panchayati Raj Day Celebrations

Prime Minister Shri Narendra Modi is scheduled to visit Bihar on 24th April 2025. During his visit to Madhubani, he will participate in the National Panchayati Raj Day celebrations at around 11:45 AM. On this occasion, he will inaugurate, dedicate, and lay the foundation stone for several development projects worth over Rs 134 bn, and will address the public gathering. As part of the programme, the Prime Minister will present the National Panchayat Awards, honouring the best-performing Panchayats from across the country. In the railways sector, Prime Minister Modi will flag off the Amrit Bha..

Next Story
Infrastructure Urban

Rs 140 Bn Infra Projects in North India Reviewed by DPIIT Secretary

Shri Amardeep Bhatia, Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), chaired a high-level Project Monitoring Group (PMG) review meeting to assess progress on major infrastructure projects in Uttar Pradesh, Haryana, Punjab, and Uttarakhand. The meeting was attended by senior officials from central ministries, state governments, and private sector project proponents. A total of 17 key infrastructure projects, collectively worth over Rs 140 billion, were reviewed during the session, which addressed 19 critical issues affecting project execution. The discussions..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?