Profile of WBHDCL
West Bengal Highway Development Corporation Limited (WBHDCL) was incorporated in April 2012 under Companies Act 1956 as a wholly owned company of the Government of West Bengal under Public Works Department. WBHDCL has its registered office at Kolkata, West Bengal. It has an authorized capital of Rs. 2000 Crs (Rupees Two thousand crores only) and paid-up capital of 818 Crs. divided into 50,000 equity shares of Rs. 1000 each. Being a Government company, all the shares are held by the Government of West Bengal.
The Corporation acts as a nodal organization for development, up-gradation and maintenance of State Highways as part of this core network. The present Government of West Bengal contemplated for creation of a Special Purpose Vehicle (SPV) to upgrade and maintain core road network in the district comprising of State Highways and adopt Public Private Partnership as an instrument of delivery of better roads where private / public operator shall be allowed to levy user charge or toll for a certain period of time. Within 2 years of operation, the company has made good stride and has a fully functional office in Kolkata. Several road development projects have been started on the field and many other projects are in the pipeline. All the compliances under statutory and regulatory framework have also been made on time by WBHDCL.