7 months ago
2
HYDERABAD
The Panchayat Raj Engineering Department is each acceptable to contented tenders for a monolithic roadworthy upgradation task worthy ₹6,294.81 crore nether the Hybrid Annuity Model (HAM).
The task involves construction, upgradation, and attraction of roads connecting Gram Panchayats (GPs) to mandal headquarters, mandal office to territory headquarters, and territory office to State headquarters.
The tenders volition beryllium issued connected October 17 by the Engineer-in-Chief, PR Hyderabad, for 17 packages covering 2,162 roads spanning 7,449.50 km crossed 96 constituencies.
Under the HAM model, 40% of the task outgo volition beryllium paid by the authorities during construction, portion 60% volition beryllium mobilised by contractors from banks. The contractors volition besides beryllium liable for maintaining the roads for 15 years aft a 2.5-year operation period.
Panchayat Raj and Rural Development Minister Danasari Anasuya (Seethakka) said that the HAM task volition importantly make colony roads and boost the agrarian economy. This flagship programme aims to alteration agrarian roads and amended proscription infrastructure.
