Don’t miss the latest developments in business and finance.

Bihar to built its first project under PPP

Image
Press Trust of India Patna
Last Updated : Jan 21 2013 | 3:13 AM IST

Bihar's first 5.5 km mega bridge over river Ganga near Bakhtiarpur in Patna would be built under Public Private Partnership (PPP) model.

The mega bridge would be constructed under PPP for which the Hyderabad-based Hindustan Engineering Syndicate (HES) consortium has evinced interest, officials said.

"It will be the first mega bridge to be built under the public private partnership mode... This is historic day and one example of changing Bihar," Chief Minister Nitish Kumar said while speaking at a function here.

Kumar said this was just the beginning of private investment in the road sector. "Please wait for some more time, many more such offer will come. The bridge over Ganga will be built on design, build, operated, transfer basis," he said.
    
The four lane road bridge between Karjan village on National Highway-31 at Bakhtiarpur and Tajpur in Samastipur district on National Highway 28 would be constructed at an estimated cost of Rs 1502 crore.

More From This Section

First Published: Jun 16 2010 | 1:18 PM IST

Next Story