Kosi Bridge Infrastructure Company Private Limited (KBICL)
Kosi Bridge Infrastructure Company Private Limited operates and maintains a 1.87 km 4 lane Bridge across Kosi River on NH 57 and an 8.76 km approach road in the state of Bihar. Additionally, maintenance of Guide Bunds (Eastern Slide – 2.64km, Western Side – 2.88km) & Afflux Bunds (Eastern Slide – 7.77km, Western Side – 7.93km) of 21.22 km length come under the purview of KBICL.
The project operates under 20 year concession awarded by NHAI on Build, Operate Transfer (Annuity) Basis and includes construction period of 3 years. The project road has been operational since February 2012. Built at a cost of INR. 418 crore, the project yields fixed semi-annual payments from National Highway Authority of India (NHAI) with no exposure to the risk of volatility in traffic volume. The project road is also an important connect between India & Nepal.