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6-laning of the section Bhadrak-Baleshwar part of NH5

Sector: Road • Location: India

Source: World Bank Group

Project
Active

The project entails the six-laning of the 62.6km section of road NH5 between Bhadrak and Baleshwar, Odisha, India. The project is developed under a DBOT Hybrid Annuity Model (HAM), under a 15-years concession with 2 years construction period. SPV is BG Bhdrak Baleshwar Highway, a wholly owned subsidiary of the sponsor Brij Gopal Construction Co. that covers $ 9.07 million in equity, Sonal Mercanti

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The project “6-laning of the section Bhadrak-Baleshwar part of NH5” is an infrastructure initiative in the Road sector, located in India. Taiyo aggregates data on it from World Bank Group.

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active

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Description

Description

The project entails the six-laning of the 62.6km section of road NH5 between Bhadrak and Baleshwar, Odisha, India. The project is developed under a DBOT Hybrid Annuity Model (HAM), under a 15-years concession with 2 years construction period. SPV is BG Bhdrak Baleshwar Highway, a wholly owned subsidiary of the sponsor Brij Gopal Construction Co. that covers $ 9.07 million in equity, Sonal Mercantile provides also $ 74.93 million in debt while NHAI grants the project $ 56 million. Financial close occurred on September 6, 2018. http://infracon.nic.in/WriteReadData/consultantprojectsAE/561_File4037828286.pdf WB files https://www.aarkstore.com/construction/745553/nhai-bhadrak-to-baleshwar-road-upgrade-odisha-project-profile

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High

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