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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

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

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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.

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 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

Original sector

Transport

Procurement method

Budget

Location

Country

India

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Road, Government

Article published date

2024-10-01

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