8-laning of 23.40 km section of Vadodara-Mumbai Expressway
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Source: World Bank Group
The project entails the construction of 8-laning of 23.40 km section of Vadodara-Mumbai Expressway in the State of Gujarat. SPV is VK1 Expressway Private Ltd, a wholly owned subsidiary of IRB Infrastructure Developers Ltd. and covers $ 33.37 million, debt is also provided in amount of $ 133.62 but no information about the lenders is available. NHAI contributes for the project with a grant of $ 111
- Status
- Prospective
- Sector
- Road, Government, Manufacturing (Industrial), Residential, Commercial
- Location
- India
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
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 entails the construction of 8-laning of 23.40 km section of Vadodara-Mumbai Expressway in the State of Gujarat. SPV is VK1 Expressway Private Ltd, a wholly owned subsidiary of IRB Infrastructure Developers Ltd. and covers $ 33.37 million, debt is also provided in amount of $ 133.62 but no information about the lenders is available. NHAI contributes for the project with a grant of $ 111.19 million. The concession period is 15 years including Construction Period of 730 days. Financial close took place on October 18, 2018. https://economictimes.indiatimes.com/industry/indl-goods/svs/construction/irb-infra-ties-up-rs-981-crore-from-lenders-for-vadodara-mumbai-expressway-section/articleshow/66276668.cms http://www.irb.co.in/home/2018/10/19/update-regarding-financial-closure-achieved-by-vk1-expressway-private-limited-18-09-2018/ |
Original sector | Transport |
Procurement method | |
Budget |
Location
Country | India |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Road, Government, Manufacturing (Industrial), Residential, Commercial |
Article published date | 2024-09-27 |
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