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'उत्कर्ष महामार्ग'
Building 10,000 Kms. of Roads across Maharashtra
The PWD Ministry is Inviting Contractors to become a part of Road Development in Maharashtra. Are you ready to collaborate with the Government and construct our roads?
Budget Allocated
150
No. of Packages
Kilometers being Constructed
9,394
Kilometers being Constructed
Tenders Floated
30,000
Budget Allocated In Crores
Districts Covered
36
Districts Covered

About Utkarsh MahaMarg

Utkarsh MahaMarg is an initiative by the Government of Maharashtra to ensure swift completion of state highway projects. It incorporates its own modified Hybrid Annuity Model (HAM), which outdoes other Public Private Partnership Models in terms of payment ratio and project period. The campaign aims to fast-track the development of roads and highways in Maharashtra and is diligently managed, executed and monitored by the Public Works Department.

signture
dada patil

The Hybrid Annuity Model Benefits

Having modified the Hybrid Annuity Model, the Maharashtra Public Work Department is set to open bids worth Rs. 30,000 Crores for 10,000 Kms. of Road

Increased Government Funding

The Govt. will provide funding for 60% of the project cost at various milestones till the completion of construction period

Reduction in O&M Period

The period has been reduced from 15 years to 10 years resulting in early recovery of the revenue by the concessionaires

Linking of Inflation Index to O&M Payments

For safeguarding the concessionaires from future increase of prices, the Inflation Index has been linked to O&M Payments

No Land Acquisition

As all the projects are Brown Field, there is no requirement of Land Acquisition thus, removing one of the major reason in project delay

Faster Completion of Projects

For faster completion and better project management, the size of road work packages has been reduced from 100 km to 50 km

Establishment of Project Management Unit (PMU)

For quick resolving of issues and smooth functioning of the projects, a PMU will be established under the monitoring of Public Works Department, Maharashtra which will be overlooked by Honourable Minister Shri. Chandrakant Patil.

Join the Initiative of Utkarsh MahaMarg

Become a part of the Road Construction in Maharashtra by asking your queries here