4/6-laning of the Narnaul Bypass crossing to Paniyala section of National Highway 148B (NH-148B)
Sector: Road • Location: India
Source: World Bank Group
The project involves the development, construction and operation of 45.3KM 4/6-laning of the Narnaul Bypass crossing to Paniyala section of National Highway 148B (NH-148B) (at NH-48 junction), the Nizampur Link Road & Narnaul Bypass crossing to Pacheri Kalan on NH-11 in the state of Haryana under Bharatmala Pariyojana, India, on Hybrid Annuity Mode (HAM) basis. Sponsor is Gawar Construction Ltd.
- Status
- Prospective
- Sector
- Road, Commercial, Government
- Location
- India
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Participants
Sponsoring Agency |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project involves the development, construction and operation of 45.3KM 4/6-laning of the Narnaul Bypass crossing to Paniyala section of National Highway 148B (NH-148B) (at NH-48 junction), the Nizampur Link Road & Narnaul Bypass crossing to Pacheri Kalan on NH-11 in the state of Haryana under Bharatmala Pariyojana, India, on Hybrid Annuity Mode (HAM) basis. Sponsor is Gawar Construction Ltd. The project cost is INR 5.5 billion ($79.5 million). Debt to equity ratio is 78:22. INR 4.27 billion ($62 million) in debt is provided by Axis Bank Ltd with the rest being equity contributions in the amount of INR 1.208 billion ($17.5 million). Financial close was achieved on 24 July 2019. Construction is expected to start in July 2019, and last until the end of March 2022. |
Original sector | Transport |
Budget |
Location
Country | India |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Road, Commercial, Government |
Article published date | 2024-09-27 |
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