Reliance completes Rs 556-crore road project in Rajasthan
Reliance Infrastructure Limited (RInfra), part of the Reliance Group, through its Special Purpose Vehicle (SPV) JR Toll Road Pvt Ltd, on Tuesday announced the completion of its Rs 556-crore road project from Jaipur to Reengus (JR) in Rajasthan. Toll collection has started on the four-laned 52km road.
The project has been executed on a DBFOT (Design, Build, Finance, Operate and Transfer) basis under the aegis of the National Highways Authority of India. RInfra has been awarded the contract for a concession period of 18 years.
JR road is a section of NH-11 running through two major districts of Rajasthan - Jaipur and Sikar. It connects major tourist destinations such as Khatu Shyamji & Salasar Balaji, religious places, industrial zones and the Jaipur International Airport. More than 50 villages, including Rajawas, Govindgarh and Dhodser, will now be connected with state capital Jaipur.
"We are pleased to announce the completion of the widening work of the Jaipur-Reengus road, part of the National Highway Development Programme Phase-III. The corridor will provide hassle-free, safe and comfortable travel to commuters with travel time reduced to almost half and approximately 40% of fuel saving."
"The corridor will not only connect centres of tourism, industrial zones and religious places, but also reduce the rural-urban gap by connecting more than 50 villages with the state capital and other major cities," said Sudhir R Hoshing, CEO (Roads), Reliance Infrastructure, in a statement.
He said that the corridor will witness traffic density of approximately 22,600 vehicles per day, which is expected to double in the next four years. For the safety and security of commuters, the corridor will have 24x7 patrol cars, ambulance services and a medical centre.
The completed stretch has eight under-passes, nine major junctions and 17 minor junctions to help people safely cross the highway.
Keeping the traffic density in mind, 10-lane toll plazas with state-of-the-art toll management systems have been created.