
Expansion of one of the most congested stretches in the NCR will be implemented through hybrid annuity, a new variant of public private partnership (PPP) model, which allows no extension of time for developers and thereby eliminating delay in work completion.
For faster execution, the entire 50-km stretch has been divided into three parts. The first two portions - Nizamuddin Bridge to UP Gate and UP Gate to Dasna - will be widened to 14 lanes and the central six lanes of this will be a barricaded corridor for straight going traffic. The remaining portion will be a six-lane highway.
"We have received bids for the two portions and bids for the third one will be opened soon. The process will be over in the next 10-12 days so that contracts are awarded quickly," said an NHAI official.
Commuters will have to pay toll to use the barricaded corridor with limited entry and exit points. The official said for seamless traffic movement and avoid pile-up at toll plazas, there will be complete electronic toll collection (ETC) system on this stretch. The commuters will have to pay toll for taking the barricaded stretch, which is an expressway and the design speed will be 120 kmph.
#NH24 #widening #SKB_GROUP #Real-Estate
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