NHAI, GR Infraprojects to jointly develop Agra-Gwalior greenfield expressway
The NHAI and GR Infraprojects will construct the Agra-Gwalior greenfield expressway, an 88 km six-lane access controlled route, with a Rs 4613 crore investment. This project, operating on a build-operate-transfer (Toll) model, aims to improve conn...
The concession period of the contract is 20 years, including a construction period of 30 months, the ministry of road transport and highways said in a statement issued on Wednesday.
“The authority will provide construction support of Rs 820 crore to the concessionaire during the construction period, which will be linked to the project progress,” it said, adding that the overlay or strengthening, road safety and improvement measures for the existing National Highway on NH-44 have also been included in the Agra-Gwalior project agreement.
The Agra-Gwalior greenfield expressway will start from Deori village in Agra and terminate at Susera village in Gwalior and is aimed at enhancing connectivity between the tourism hubs of Agra and Gwalior.
As per the statement, the project has been awarded on quoted @17 .170 % premium in the form of revenue shares of the realisable fee against expected premium @2.42%.
“The premium shall be payable from second year post project completion which will be increased by 1% of the realisable fee every year in subsequent years for the remaining concession period,” it said.
The greenfield access controlled expressway will pass through the states of Uttar Pradesh, Rajasthan, and Madhya Pradesh and will help to decongest various cities and industrial areas on the existing Agra-Gwalior Section of NH-44.
“The expressway will cut travel time, reduce carbon footprint and enhance logistics efficiency of commercial and freight movement between Agra, Dholpur, Morena and Gwalior,” it said.
The greenfield expressway will feature eight major bridges, 23 minor bridges, six flyovers, one Rail-Over-Bridge and 192 culverts and will also pass through the National Chambal wildlife sanctuary.
The government has been encouraging public-private partnership for Build-Operate-Transfer (Toll) projects for development as well as operations and maintenance of the world class national highway network in the country.
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