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Badadal - Maradgi S Andola highway

Sector: Road • Location: India

Source: World Bank Group

Project
Active

The project entails the construction of a greenfield road from Badadal to Maradgi S Andola in Karnataka, India, a section of the NH150C under Package-II under a hybrid annuity mode (HAM) basis. The 71km, 6-lane access-controlled highway is part of Bharatmala Pariyojana highway development programme. PNC Infratech is the sponsor for the concession and the sole owner of the SPV - Akkalkot Highways P

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The project “Badadal - Maradgi S Andola highway” is an infrastructure initiative in the Road sector, located in India. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project entails the construction of a greenfield road from Badadal to Maradgi S Andola in Karnataka, India, a section of the NH150C under Package-II under a hybrid annuity mode (HAM) basis. The 71km, 6-lane access-controlled highway is part of Bharatmala Pariyojana highway development programme. PNC Infratech is the sponsor for the concession and the sole owner of the SPV - Akkalkot Highways Private Limited. The project is to be constructed in 30 months upon declaration of appointed date and operated for 15 years, post construction. The total investment value is $202.96 million (Rs15.75 billion) and the concession agreement was signed on 1 June, 2022. https://www.pncinfratech.com/pdfs/press-release-01-06-2022.pdf https://www.projectstoday.com/News/PNC-Infratech-bags-highway-project-worth-Rs-1575-cr https://equitybulls.com/category.php?id=315024

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High

Data quality score

100%

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