Gujarat launches road PPP project

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Gujarat launches road PPP project

The government of Gujarat (India) has published the request for qualification (RFQ) for the Mehsana-Himmatnagar road PPP project.

The project will be developed on a design, build, finance, operate, maintain and transfer (DBFOMT) basis for a period of 12 years including construction period of 2 years.

The Government of Gujarat through the Government of India has obtained a loan from the International Bank for Reconstruction and Development (IBRD) towards the cost of the project which is estimated at Rs3342.8 million (US$55.2 million).

The Government will provide 40% of the estimated construction cost to the concessionaire, as cash support during construction. This will be fully financed from the World Bank under the Gujarat State Highway Project-II (GSHP- II). Semi-annual payments during the operating period of 10 years of the concession will be made by the Government.

The project involves a 61 km long corridor between Mehsana and Himatnagar. It includes the upgrade from two to four lane by y improving horizontal and vertical alignments, construction of new pavement, construction and/or rehabilitation of major and minor bridges, culverts, road intersections, drains, road and environment safety and the operation and maintenance.

The bidders must have a minimum net worth of 25 % of the estimated project cost. Interested parties must submit their proposals on or before 5 May 2014. The shortlist is scheduled to be announced on 13 August 2014.

See RFQ document:

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.