Infrastructure company to invest 2000 crores in Bihar

national highwayInfrastructure Giant C & C Constructions would spend Rs 2000 crores for improving 200 km of National Highway in Bihar.

As reported in Economic Times, it would invest in 3 separate NH projects viz. 50 km of Patna to Bakhtiarpur route, 84-km stretch connecting Muzaffarpur to Sonbarsa and 70-km Mukamma to Munger.

The 50-km stretch between Patna to Bakhtiarpur, is also the busiest section in Bihar. The estimated total cost of the project is Rs 908 crore and the company has been granted a concession period of 20 years by the National Highways Authority of India. Although the completion date is set for March 2014, C&C is planning to complete it three months ahead of schedule.

Other projects include 84-km stretch connecting Muzaffarpur to Sonbarsa with an estimated cost of 656 crore and 70-km Mukamma to Munger stretch with an estimated cost of Rs 444 crore.