Bihar Unveils Rs 17,000 Cr Ganga River Road Projects

Bihar, through the Hybrid Annuity Model (HAM), is preparing to start three major road projects next to the Ganga River, with a total estimation of Rs 17,000 crore. The initiative is expected to promote not only the economic activities of the state but also tourism, as was informed by the Road Minister, Nitin Nabin.

The projects under consideration are Digha-Sherpur-Bihta-Koilwar (35.65 km), Munger (Safiabad)-Bariyarpur-Ghorghat-Sultanganj (42 km), and Sultanganj-Bhagalpur-Sabour (41.33 km). In simple terms, the government under HAM will finance 40% and the private developers will take care of the remaining 60%. After that, the latter will get the annuity payments during the concession period.

More specifically, the line chart presents Rs 6495.79 crore as the cost of the Digha-Sherpur-Bihta-Koilwar project, Rs 5119.80 crore for Munger-Sultanganj project, and Rs 4849.83 for Sultanganj-Bhagalpur.

After the completion of the almost 84 km Munger-Bhagalpur-Sabour corridor, the 3 cities Munger, Sultanganj, and Bhagalpur, will be interconnected with each other through this medium, thus cutting the travel time by a huge margin.

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Therefore, improving the roads is a part of these projects, but another scope that attracts the attention a lot is the tourism since the Ganga flows along these side roads. The bidding process has concluded; the acceptance letters have been dispatched, and the date of Chief Minister Nitish Kumar's inauguration of one of the projects is set for October 4th.

“Under the command of Nitish Kumar and the consultancy of PM Narendra Modi, these road projects testify to the promise of the state government in infrastructural development,” Nabin said.