Cabinet Approves 3,800 Cr. Four-Laning of Badnawar–Timarwani Highway in MP
Cabinet Committee on Economic Affairs (CCEA) has approved the development of a four-lane corridor from the Badnawar–Petlawad–Thandla–Timarwani section of NH-752D in Madhya Pradesh. The project will be implemented with a total outlay of Rs. 3,839.42 crore and will cover a length of 80.45 Km.
The Badnawar–Timarwani corridor will provide connectivity from Ujjain to the Timarwani interchange on the Delhi–Mumbai Expressway (DME). Scope of work includes the construction of six major bridges, 34 minor bridges, and one road under bridge. The developer will also construct nine vehicular underpasses, 29 light vehicular underpasses, and four small vehicular underpasses.
This project will be implemented under the Hybrid Annuity Mode* (HAM), with a concession period of 17 years, including two years for construction and 15 years for operation and maintenance (O&M).
*Hybrid Annuity Mode (HAM) is a public-private partnership (PPP) model in which the government and the private developer share project costs in a 40:60 ratio, respectively. After construction, the asset is handed over to the government, which pays the developer fixed annuities over a defined period.
