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// HAM · Completed

RKC – Bhoyegaon Gadchandur Pvt. Ltd.

A 74 km road asset on SH-373 held by RKC under the Hybrid Annuity Model, commercially operational since January 2024.

RKC – Bhoyegaon Gadchandur Pvt. Ltd.
Client
PWD
Location
Nagpur, Maharashtra
Contract value
₹217 crore financial asset
Length / span
74 km
Scope
Bhoyegaon–Gadchandur–Jiwati and Gadchandur–Patan–Wani roads (SH-373)
Delivery model
HAM
Status
Completed
Completion
COD January 2024
74 km SH-373
₹289.30 cr Contract value
HAM Package NAG-142
Jan 2024 Commercial operation

[01] About the project

In eastern Maharashtra, state highways are the links between talukas, markets and the national network. Under Hybrid Annuity Package NAG-142, RKC improved two of them to two lanes: the Bhoyegaon–Gadchandur–Jiwati road (21 km) and the Gadchandur–Patan–Wani road (53 km), both on SH-373.

SH-373 winding through the hills
SH-373 winding through the hills

The 74 km asset reached its commercial operation date in January 2024 and is held by RKC under the Hybrid Annuity Model for the Public Works Department.

Scope of work

  • Improvement of 74 km of state highway to two lanes
  • Pavement strengthening and reconstruction
  • Culverts, minor bridges and drainage
  • Road safety works, signage and markings

Built, then kept

As a HAM asset, the road does not end with construction. RKC maintains it through the concession period, and the annuity it earns depends on the road staying in the condition the contract sets.

74 km of state highway, improved and maintained under one contract.