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Chhapra Hajipur Expressway Ltd

Sector: Road • Location: India

Source: World Bank Group

Project
Active

Chhapra Hajipur Expressway Ltd, a subsidiary of Madhucon Projects Ltd, was created to implement a project to increase from four to six lanes the existing 64 km road from km 143.200 to km 207.200 on the Chhapra - Hajipur section of NH-19 in the State of Bihar. The National Highway Authority of India awarded the project to Madhucon Projects Ltd on Design, Build Finance, Operate, and Transfer ("DBFOT

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

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The project “Chhapra Hajipur Expressway Ltd” 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

Chhapra Hajipur Expressway Ltd, a subsidiary of Madhucon Projects Ltd, was created to implement a project to increase from four to six lanes the existing 64 km road from km 143.200 to km 207.200 on the Chhapra - Hajipur section of NH-19 in the State of Bihar. The National Highway Authority of India awarded the project to Madhucon Projects Ltd on Design, Build Finance, Operate, and Transfer ("DBFOT") annuity basis. The concession period was for 15 years including 2 1/2 year of construction period. The project cost was estimated to be INRs8125 million (US$177.7 million). The project achieved the financial closure in December 2010. State Bank of India was the leader arranger of the consortium. Allahabad Bank, Andhra Bank, State Bank of Bikaner and Jaipur, Indusind Bank and Punjab & Sind Bank were the other lenders. SBI Capital Markets Ltd syndicated the debt of Rs. 585 crores for the project. The Company commenced the construction work in this project in December 2010.

Original sector

Transport

Procurement method

Budget

Location

Country

India

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Road, Government, Commercial

Article published date

2024-09-24

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