4-laning of section Challakere to Hariyur part of NH-150A highway
Active · India
Source: World Bank Group
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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Project Information
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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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