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INFRASTRUCTURE

he three-day forum, themed GoJ, with shareholding in the ratio 74:26.
“Scaling up: Meeting the In the first phase, GoJ handed over
challenges of the United Nations Construction of Four Sections of Ranchi – Ring
2030 Agenda for Sustainable Road (Section III, IV, V & VI) a dream project
TDevelopment through people- of State of Jharkhand from the inception of
first Public-Private Partnerships,” brought the state since 14 November 2001, Ranchi
together almost 300 delegates from the – Patratu Dam and Patratu Dam – Ramgarh
government, international organizations, PPP Road Projects. Later on, the company was
developers, non-governmental organizations also entrusted with the development of
(NGOs), law firms as well as academic and important industrial roads namely Adityapur
financial institutions from 70 countries and – Kandra & Chaibasa – Kandra – Chowka
regions. During the first forum conducted Road Projects, development of which was
in 2016, the Thiruvananthapuram City Road crucial from the point of view of economic
Improvement Project (TCRIP) was showcased development of the State. Later in the year
as it was meeting the qualifying criteria 2015, the company had been awarded
for People First Public Private Partnerships the development of Ranchi Ring Road
(PfPPPs) project. (Section VII). Due to its connectivity with
The government of Jharkhand (GoJ) in State Highway and National Highway, this
2007 embarked on JARDP, a comprehensive stretch is very important. Construction of
state road infrastructure improvement this section would smooth the City Traffic
programme under the public-private by providing a bye pass to Heavy Vehicles
partnership framework. A programme through Ring Road. Till now, JARDCL have
development agreement was signed in completed 627.16 Lane Km of Roads in
February 2008 between the GoJ and the State of Jharkhand. Work is in progress
Infrastructure Leasing & Financial Services of 141.45 Lane Km of Ranchi Ring Road
Limited (IL&FS) for the improvement of 1,500 (Section VII).
lane Km of selected project road corridors.
The programme is being implemented Defining Peoples First PPP
under a Special Purpose Vehicle Jharkhand The International PPP Centre of Excellence
Accelerated Road Development Company is an operational centre of the United
Ltd (JARDCL), a JV between IL&FS and the Nations Economic Commission for Europe

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