MIHAN road project awarded to Atlanta
A Business Correspondent
The National Highways Authority of India has awarded Atlanta
Ltd, a leading infrastructure development and construction company, the contract
to strengthen, widen operate and maintain a stretch of the 41-km Nagpur-Kondhali
road on NH-6 outside Nagpur city. The project aims at converting the existing
two-lane road into a four-lane dual carriageway from km 9.2 to km 50.
The road project forms part of a plan to build infrastructure around the
multimodal international passenger and cargo hub airport at Nagpur. Changi
Airports International of Singapore has won the technical service agreement with
the Maharashtra government to develop MIHAN.
Atlanta has incorporated a special purpose vehicle called Balaji Tollways Ltd to
implement the road project. The scope of the project includes design,
engineering, financing, procurement, construction, operation and maintenance of
The highway is a busy section of NH-6 and carries both intra-state and
inter-state traffic. NH-6 starts from Kolkata and after traversing through West
Bengal, Jharkhand, Orissa, Chhattisgarh and Maharashtra terminates in Gujarat.
BTL, the concessionaire, is expected to recover its project cost and returns
through toll collected from the users of the highway. Toll collection is likely
to start from December 2008 and last up to June 2026. The concessionaire period
is 20 years (including 2.5 years of construction) and the project cost is Rs
[23 July 2007]