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4-laning of section Challakere to Hariyur part of NH-150A highway

Sector: Commercial • Location: India

Source: World Bank Group

Project
Active

project entails the four-laning of the 55.705km Challakere to Hariyur section of NH-150A highway from km 358.5 to km 414.205, on Hybrid Annuity Mode (HAM) under Bharatmala Pariyojna in the State of Karnataka, India. SPV is PNC Challakere (Karnataka) Highways, a wholly owned subsidiary of the sponsor PNC Infratech and covers $ 28.45 million in equity, Axis Bank provides also $ 70.92 million in deb

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The project “4-laning of section Challakere to Hariyur part of NH-150A highway” is an infrastructure initiative in the Commercial sector, located in India. Taiyo aggregates data on it from World Bank Group.

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active

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Description

Description

project entails the four-laning of the 55.705km Challakere to Hariyur section of NH-150A highway from km 358.5 to km 414.205, on Hybrid Annuity Mode (HAM) under Bharatmala Pariyojna in the State of Karnataka, India. SPV is PNC Challakere (Karnataka) Highways, a wholly owned subsidiary of the sponsor PNC Infratech and covers $ 28.45 million in equity, Axis Bank provides also $ 70.92 million in debt while NHAI grants the project $ 66.25 million. Financial close occurred on November 30, 2018.

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