Work on Pune-Satara six-lane highway to start next month
April 29, 2010
Work on the six-lane Pune-Satara highway project, for which bids were invited in November 2008, is likely to start from next month. Moneylife had earlier reported (http://www.moneylife.in/article/8/4485.html) that work on the long-pending Mumbai-Vadodara Expressway was likely to start soon.
“The work on the Pune-Satara highway will start next month. The project would be completed in the next two-and-a-half years,” said RPN Singh, minister of state, ministry of road transport and highways. Mr Singh had been on a visit to Maharashtra last week, and was satisfied on the progress of various road projects in the State. The Pune-Satara project is scheduled to be completed by July 2012.
The existing four-lane Pune-Satara highway is being converted into a six-lane route. The project was awarded to Reliance Infrastructure Ltd through competitive bidding in December 2009. It would be executed on a Design, Build, Finance, Operate and Transfer basis with a concession period of 24 years, including the construction period.
The project is part of National Highway Authority of India’s (NHAI’s) National Highways Development Programme (Phase V), with an estimated cost of Rs1,725 crore. The company will invest in the laying of six lanes and the maintenance of the 140-km stretch on the Pune-Satara section.
The bidding process for various other road projects is underway. — Amritha Pillay