Gandeva-Ena Road
Sector: Government • Location: Gujarat, India
Source: World Bank Group
The project entails an 8-lane motorway road located in Surat (Gujarat, India). The total cost is $ 232.71 million. Sponsors of the 27.5KM Gandeva-Ena road are IRB Infrastructure Developers, providing a total equity of $ 34.59 million, or 15% of the whole financing. The debt providers are not available. NHAI India provided $ 95.98 million for the project (government grant), which is being developed
- Status
- Prospective
- Sector
- Government, Road, Commercial
- Location
- Gujarat, India
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
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 an 8-lane motorway road located in Surat (Gujarat, India). The total cost is $ 232.71 million. Sponsors of the 27.5KM Gandeva-Ena road are IRB Infrastructure Developers, providing a total equity of $ 34.59 million, or 15% of the whole financing. The debt providers are not available. NHAI India provided $ 95.98 million for the project (government grant), which is being developed under a HAM model. Debt to equity ratio is 75:25. The project, which reached financial closure on January 19, 2021. is within Phase 1 of the Bharatmala Pariyojana pan-Indian roads programme. https://ijglobal.com/data/transaction/52187/gandeva-ena-road-275km-ppp |
Original sector | Transport |
Procurement method | |
Budget |
Location
Country | India |
State | Gujarat |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Government, Road, Commercial |
Article published date | 2024-05-23 |
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