The project is a 101 km stretch starting at Baharampore (Km 191.416) and ends at Farakka (Km 294.684). The project has been developed on a design, build, finance, operation and transfer (DBFOT) basis for a period is 25 years, including a construction period of 30 months. The project has been implemented with an investment of Rs. 11.7 billion (US$200 million).
The project is under the Second India Infrastructure Project Financing Facility (IIPFF II). It is the first leg of the largest public-private partnership (PPP) highway project in West Bengal, and part of NH-34.
The four laning of this highway has involved 4 major bridges, 12 minor bridges, 4 rail-over-bridges, 3 grade separators, 9 passenger underpasses, 2 toll plazas and 137 cross-drainages.
Arjun Dhawan, HCC Concessions Director, stated:
The development of this critical piece of road infrastructure will have a multiplier effect on economic activity in West Bengal, which is the seventh most populated sub-national entity in the world with 90 million people.
HCC Concessions was awarded the contract to develop three contiguous sections between Baharampore to Dalkhola on NH-34 in West Bengal, on a design, build, finance, operate and transfer (DBFOT) basis in 2010.
The concession lengths for the different segments totalling 256 km range from 25 to 30 years, including a construction period of 30 months and an investment of over Rs. 32 billion (US$546 million). The highway development, divided into three contiguous sections covers Baharampore and Farakka, Farakka and Raiganj and Raiganj and Dalkhola.
Farakka Raiganj highway project is a 102 km stretch originating at Farakka (Km 295.000) and terminating at Raiganj (Km 398.000). The concession period is of 30 years, including a construction period of 30 months. The project will be implemented with an investment of Rs. 13.78 billion.
This project is nearing completion and it is expected to begin its toll operations later this year.
Raiganj Dalkhola highway project is a 50 km stretch starting at Raiganj (Km 398.000) and terminating at the town of Dalkhola (Km 452.750). The concession period is of 30 years and includes a construction period of 30 months. The project will be implemented at an investment of Rs.6.84 billion.