Concession Agreement signed for Z-Morh tunnel

Concession Agreement signed for Z-Morh tunnel

In the presence of the Union Minister for Road Transport & Highways and Micro, Small and Medium Enterprises(MSME), Nitin Gadkari and other senior officers from the Ministry and National Highways and Infrastructure Development Corporation (NHIDCL), a Concession Agreement was signed on Friday, 17th January 2020 for the completion of the Z-Morh tunnel in the Union Territory of Jammu and Kashmir. The project for the 6.5 Km long tunnel will include the construction, maintenance, and operation of the 2 lanes bi-directional tunnel at a total estimated cost of Rs 2378.76 crore, which is expected to be completed in 3 years and 6 months by connecting the National Highway-1 at the Srinagar-Sonmarg-Gumri Road.

Under the concession agreement, from the date of completion, a period of 15 years has been awarded for the DLP period/Operation & Maintenance. The Letter of Authorisation (LoA) of the project was awarded to M/s APCO Infrastructure Pvt. Ltd on 19th December 2019 after administrative and financial approvals for the project was sanctioned by the Ministry on 17th December 2019.

Originally written on January 18, 2020 and last modified on November 21, 2020.
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