As on August this year, Uttar Pradesh, with the highest share of over 33 per cent roads among states, has 15 road projects worth over Rs 55,000 crore under construction in the public-private partnership (PPP) model, says a study by trade body Assocham.
The Assocham’s study says the roads sector has the highest number of projects under operation, under construction and under bidding in the PPP model in the country during the period. The study titled ‘PPP in Road Sector 2012’ said there were about 115 road projects worth over Rs 21,600 crore in the PPP mode under operation, besides 219 road projects worth Rs 1.65 lakh crore were under construction and about 98 projects worth over Rs 51,000 crore under bidding.
About eight projects in the roads sector worth Rs 191 crore got reversed to the public and there were about 11 projects worth over Rs 5,200 crore in the expression of interest (EoI) stage and three projects worth about Rs 180 crore that got cancelled.
While Gujarat ranks second with a share of over eight per cent and has about 22 road projects worth over Rs 13,600 crore under construction in the PPP mode, Tamil Nadu with 21 road projects worth over Rs 12,700 crore under construction has third highest share of about 7.7 per cent followed by Maharashtra (7.3 per cent share) and Andhra Pradesh (5.8 per cent share).
Leave a Reply
You must be logged in to post a comment.