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Essel Bhind Mihona Gopalpur Toll Roads Ltd

Sector: Road • Location: India

Source: World Bank Group

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Essel Bhind Mihona Gopalpur Toll Roads was created implement the expansion of a 50.86km road which run east-west from the town of Lahar in the Indian province of Madhya Pradesh to Gopapur in West Bengal. The project was awarded by Madhya Pradesh Road Development Corporation Limited to Essel Infraprojects, a subsidiary of Essar,under a 20-year BOT (toll) concession.

The project cost was estimated

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The project “Essel Bhind Mihona Gopalpur Toll Roads Ltd” 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

Essel Bhind Mihona Gopalpur Toll Roads was created implement the expansion of a 50.86km road which run east-west from the town of Lahar in the Indian province of Madhya Pradesh to Gopapur in West Bengal. The project was awarded by Madhya Pradesh Road Development Corporation Limited to Essel Infraprojects, a subsidiary of Essar,under a 20-year BOT (toll) concession. The project cost was estimated to be INR923.85 million (US$20.2 milion). The project reached financial closure in May 2010. Financing comprised a INR760.8m 12-year term loan and INR163.05m equity. Axis Bank was the sole MLA on the loan financing. The constructuion phase was expected to conclude in May 2012.

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