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6-laning of section Khairatunda to Barwa Adda part of NH-2

Sector: Road • Location: India

Source: World Bank Group

Project
Active

The project entails is the upgrade to six Laning of Khairatunda to Barwa Adda Section of NH-2 from km. 360.300 to km. 400.132 in the State of Jharkhand under NHDP Phase-V on Hybrid Annuity Mode. SPV is Ashoka Khairatunda Barwa Adda Road Limited, a wholly owned subsidiary of Ashoka Buildcon which covers $ 22.05 million in equity, undisclosed financial institution provides also $ 38.03 million in de

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

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The project “6-laning of section Khairatunda to Barwa Adda part of NH-2” is an infrastructure initiative in the Road sector, located in India. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Company

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project entails is the upgrade to six Laning of Khairatunda to Barwa Adda Section of NH-2 from km. 360.300 to km. 400.132 in the State of Jharkhand under NHDP Phase-V on Hybrid Annuity Mode. SPV is Ashoka Khairatunda Barwa Adda Road Limited, a wholly owned subsidiary of Ashoka Buildcon which covers $ 22.05 million in equity, undisclosed financial institution provides also $ 38.03 million in debt while NHAI grants the project $ 40.06 million. The Construction period is 730 days and concession Period is 15 years from COD. Financial close took place on September 4, 2018. https://www.icra.in/Rationale/GetRationaleFile/73812~Ashoka%20Khairatunda%20Barwa%20-R-03102018.pdf WB files https://www.bseindia.com/stockinfo/annpdfopen.aspx?pname=90f7961f-05ae-49cd-b54e-5ffae285d708.pdf

Original sector

Transport

Procurement method

Budget

Location

Country

India

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Road, Government, Commercial

Article published date

2024-09-27

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