Amritsar - Bathinda road project (Package 1)

Active

Prospective

This project involves the construction of the first package of the 6-Lane Amritsar-Bathinda Greenfield Section of NH- 754A from village Tiba on NE-5A to junction with Moga Jalandhar road (NH-703) near Dharamkot. The second package has length of 54 km and the third and last one is 61.866 km long. Package 1 covers the section from km 0+000 to km 39+000 and is part of Amritsar - Jamnagar Economic Corridor in the state of Punjab. GR Amritsar Bathinda Highway Private Limited is the project company and GR Infraprojects Limited is the sponsor. The concession has operation period of 15 years from the commercial operation date and 730 days for construction from the appointed date. The project is under Hybrid Annuity Mode (HAM) and is won by the sponsor with a bid offer of $123.89 million. This type of concession includes participation of the government by covering 40% of the total expenditure costs. Financial close took place on 10 February, 2022. https://www.bseindia.com/xml-data/corpfiling/AttachHis/546f93b0-a937-4495-8186-10dff5209a64.pdf https://www.indiainfoline.com/article/news-top-story/gr-infraprojects-receives-financial-closure-for-nhai-project-in-punjab-122021500733_1.html https://www.motilaloswalgroup.com/Docs/Track_Record_GRInfra.pdf

Transport

India

World Bank Group

Project

Commercial, Government, Road