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

Active · 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

Status
Prospective
Sector
Road, Government, Commercial
Location
India
Updated
22 Jul 2026
Source
World Bank Group

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

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Sponsoring Agency

Company

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

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.

Original sector

Transport

Budget

Location

Country

India

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Road, Government, Commercial

Article published date

2024-05-26

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