What is the latest status of the project “Essel Sagar Damoh Toll Roads Ltd”?

The status recorded for “Essel Sagar Damoh Toll Roads Ltd” is Active.

Who are the main government, EPC, and private stakeholders for “Essel Sagar Damoh Toll Roads Ltd”?

Taiyo maps the stakeholders of “Essel Sagar Damoh Toll Roads Ltd”: government bodies (World Bank Group).

What is the budget and commercial profile for the project “Essel Sagar Damoh Toll Roads Ltd”?

Taiyo normalizes the budget of “Essel Sagar Damoh Toll Roads Ltd” to USD 29500000. The procurement structure is Public-Private Partnership (PPP).

Where can I verify the source and access all details for “Essel Sagar Damoh Toll Roads Ltd”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/essel-sagar-damoh-toll-roads-ltd-5673). Taiyo standardizes official data into a consistent, searchable project profile.

Essel Sagar Damoh Toll Roads Ltd

Sector: Road • Location: India

Source: World Bank Group

Project

Active

Essel Sagar Damoh Toll Roads Ltd was the a Special Purpose Vehicle (SPV) created to implement the expansion from two to four lanes of 68.81km section of State Highway 14 that run from the Sagar city to Teen Gulli Chuoraha in the Damoh city in the state of Madhya Pradesh. The project was awarded by Madhya Pradesh Road Development Corporation Limited to Essel Infraprojects, a subsidiary of Essar,

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

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The project “Essel Sagar Damoh Toll Roads Ltd” is an infrastructure initiative in the Road sector, located in India. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status	Active
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Essel Sagar Damoh Toll Roads Ltd was the a Special Purpose Vehicle (SPV) created to implement the expansion from two to four lanes of 68.81km section of State Highway 14 that run from the Sagar city to Teen Gulli Chuoraha in the Damoh city in the state of Madhya Pradesh. The project was awarded by Madhya Pradesh Road Development Corporation Limited to Essel Infraprojects, a subsidiary of Essar, under an 12-year BOT concession,commencing on the Appointed Date i.e. February 26, 2010. The project was to recover the investmen through toll fees. The project cost amounted to INRs 1.3481 billion (US$29.5 million). The project reached financial closure in May 2010 with bank loan. Financing comprised a INR943.7m 10-year term loan and INR202.2m equity. A club of SBI, Corporation Bank, Bank of Baroda and Axis Bank provided debt funding for the project. The construction works was expected to be completed by May 2012.
Original sector	Transport
Procurement method
Budget

Location

Country

India

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Road, Warehouse, Government, Automotive, Commercial
Article published date	2024-09-28

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