Buxar-Aara-Patna National Highway

Buxar-Aara-Patna section of NH-30 and NH-84 in the State of Bihar is being upgraded to 4-laning and the Concession Agreement has already been signed by the concessionaire on 02.02.2012. The concessionaire is yet to achieve the financial closure and fulfillment of Condition Precedent. The Appointed Date for the project gets fixed only after the achievement of the financial closure by the concessionaire. The total project cost is Rupees 1129.11 crores and the construction period and the concession period is 30 months and 20 years respectively with effect from the appointed date.  The total amount sanctioned /spent on maintenance of Buxar-Aara-Patna section by National Highways Authority of India (NHAI) during the last year and the current year is as under:  Year  Amount Sanctioned  Amount Spent  2009-10  The stretch was not entrusted to NHAI during the period.  2010-11  2011-12  Rs  1,02,81,962/-  Rs  57,40,350/-  2012-13  Rs  1,39,00,841/-  Rs  30,36,570/-    This information was given by Sh. Sarvey Sathyanarayana, the Minister of State for the Ministry of Road Transport and Highways in a written reply to Sh. Jagadanand Singh in Lok Sabha on Monday.  ****  AT/renu   (Release ID :90984)