4-laning of Trichy to Kallagam section of NH 227 highway

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The project entails the four-laning of Trichy to Kallagam section of NH-227 under Bhartmala Pariyojana starting from PitchandavarKovil village in Tiruchiraopalli District at Km 0.000 to Kallagam at Km 39.100 of NH 227, Tamil Nadu, India under a DBOT Hybrid Annuity Model (HAM). SPV is KNR Srirangam Infra, a wholly owned subsidiary of KNR Infrastructure and covers $ 29.95 million in equity while undisclosed financial institution provides $ 60.25 million in debt. NHAI contributes for the project with a grant of $ 60.14 million. The concession period is 15 years including Construction Period of 730 days. Financial close took place on 4 January 2019. https://www.bseindia.com/xml-data/corpfiling/AttachHis/4b090f7d-7739-4acc-a2aa-b0dfae96439b.pdf https://www.projectstoday.com/News/KNR-Constructions-receives-sanction-letters-from-banks-for-HAM-projects https://www.moneycontrol.com/news/business/markets/knr-constructions-up-3-on-sanction-letters-from-banks-for-3-projects-2687581.html WB files