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Gaju Village to Devinagar Bypass (Package 1C)

Sector: Road • Location: India

Source: World Bank Group

Project
Active

This project involves the construction of Gaju Village - Devinagar Bypass highway section, part of the NH 530B highway, located in Uttar Pradesh state, India. The sponsor for the Hybrid Annuity Mode (HAM) project is PNC Infratech Limited, while the special purpose vehicle is Hathras Highways Private Limited. The total length of this section is 33km. The total project cost is $100m (819.07crore),

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The project “Gaju Village to Devinagar Bypass (Package 1C)” is an infrastructure initiative in the Road sector, located in India. Taiyo aggregates data on it from World Bank Group.

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Participants

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Description

Description

This project involves the construction of Gaju Village - Devinagar Bypass highway section, part of the NH 530B highway, located in Uttar Pradesh state, India. The sponsor for the Hybrid Annuity Mode (HAM) project is PNC Infratech Limited, while the special purpose vehicle is Hathras Highways Private Limited. The total length of this section is 33km. The total project cost is $100m (819.07crore), of which $47m (386crore) will be provided with a loan, $43m will be granted from the National Highways Authority of India (NHAI) and the rest of the total - $10m will be provided by the sponsor. The financial close date is February 23rd, 2023. https://www.careratings.com/upload/CompanyFiles/PR/202306120610_Hathras_Highways_Private_Limited.pdf https://projectxindia.com/2023/02/23/pnc-receives-financial-closure-of-gaju-village-to-devinagar-bypass-project/

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Source reliability

High

Data quality score

100%

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