Business Line reported that GMR Infrastructure Ltd has started commercial operations of the Hyderabad to Vijayawada section of National Highway 9 and the Hungund to Hospet section of National Highway 13.
With the commencement of these two projects, the Group now has a portfolio of 8 operating highways. While the Hyderabad to Vijayawada section is expected to generate revenue in the range of INR 75 lakh to INR 80 lakh a day, the Hungund to Hospet section is likely to generate INR 18 lakh per day to INR 20 lakh per day.
The Hyderabad to Vijayawada project was awarded through an international competitive bidding by NHAI on a DBFOT basis with a concession period of 25 years including a construction period of 2.5 years.
The four laning of the 181.5 kilometer stretch has been completed as per requirements and also opened for traffic.
A distance of 260 kilometer will be covered in less than 5 hours compared to 6 to 8 hours earlier. Six new bypasses have been developed around the towns of Narketpally, Nakrekal, Kodad, Akupamula, Sher Mohammed Peta and Navabpet.
Construction of the flyovers, vehicular underpasses, pedestrian underpasses at various locations and bypasses listed above not only provide faster connectivity but also enhances safety and fuel efficiency of vehicles significantly reducing accidents, travel time and vehicle operating costs.
