• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar

Ambition IAS

Online IAS Coaching, Preparation, Test Series & Current Affairs

  • KPSC Material
    • General FAQ
    • Books List
      • KAS Prelims Books List
      • KAS Mains Kannada Book List
      • KAS Mains English Book List
    • Free Downloads
      • KAS Prelims Preparation Time table
      • Karnataka Economic Survey (2013-14)
      • Karnataka Economic Survey (2014-15)
      • Previous Question Papers
    • Buy KPSC Prelims Material
      • Buy KAS Prelims Study Material
    • KPSC Mains Study Material
      • KPSC Mains Study Material
  • Mock Tests
    • Prelims Mock Test
      • Free Mock Tests
      • Paid Test Series
    • Mains Mock Test
      • Daily Free Questions (Updated on WhatsApp Group)
      • Paid Test Series
  • Join WhatsApp Group
  • KPSC Mains Test Series
  • UPSC 2015 Prelims MCQs
  • Doubts Corner
  • Contact Us

1,800 crore Project for Conflict Free Traffic Roads

April 11, 2014 by Admin Leave a Comment

  • Jawaharlal Nehru Port Trust (JNPT), National Highway Authority of India (NHAI) and City Industrial Development Corporation of Maharashtra Ltd (CIDCO) are working on a Rs. 1,800 crore road project to upgrade the existing 4 lanes of 43 km road network to 12 lanes, with 2 lanes for public vehicles on each side.
  • This will increase connectivity between JNPT and the 3 major highways: Mumbai-Pune, Mumbai-Goa and Mumbai-Agra and render this a traffic conflict-free road. Provisions are present for overbridges and grid separators. This road may also give connectivity to the yet-to-come New Mumbai Airport.
  • They have also formed a Special Purpose Vehicle (SPV) by name JNPT Road Company Lt., in which JNPT, NHAI and CIDCO will each have 40%, 50% and 10% equity, and have called for tenders to build it on a (Build Operate and Transfer) basis. If the bidding cycle for viable gap funding fails, SVP will construct the road.

Exams Perspective:

  1. Port Trust of India
  2. NHAI
  3. Special Purpose Vehicle (SPV)
  4. Viable Gap Funding
  5. BOT

Filed Under: Current Affairs, Economy Tagged With: Build-Operate-Transfer (BOT), City Industrial Development Corporation of Maharashtra Ltd (CIDCO), Jawaharlal Nehru Port Trust (JNPT), National Highway Authority of India, Port Trust of India, Special Purpose Vehicle (SPV), Viable Gap Funding

Primary Sidebar

Subscribe To Newsletter





Like us on Facebook

Copyright © 2023 · Magazine Pro on Genesis Framework · WordPress · Log in