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Guna-Aaron-Sironj section (SH-23)

Sector: Road • Location: India

Source: World Bank Group

Project
Active

Bansal Group was awarded the concession for development of the 88.76KM Guna-Aaron-Sironj section (SH-23) in Bhopal, Madhya Pradesh.

Madhya Pradesh Road Development Corporation (MPRDC) awarded the concession on a BOT after a round of international competitive bidding. Information on the bid criteria and number of bids submitted was not available. The main revenue source would be toll collection f

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The project “Guna-Aaron-Sironj section (SH-23)” 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

Bansal Group was awarded the concession for development of the 88.76KM Guna-Aaron-Sironj section (SH-23) in Bhopal, Madhya Pradesh. Madhya Pradesh Road Development Corporation (MPRDC) awarded the concession on a BOT after a round of international competitive bidding. Information on the bid criteria and number of bids submitted was not available. The main revenue source would be toll collection from users and the government would also provide shadow fee. The total project cost is USD $34.02 million and will be funded in the debt to equity ratio of 79/21. IIFCL is providing a debt of USD $ 26.9 million and the sponsor is making an equity contribution of USD 7.12 million. i) IJ global: https://ijglobal.com/data/search-transactions ii) MPRDC website: RFP- http://www.mprdc.nic.in/Khnd%20by%20pass%20GRSi%20MDR%20SH%2023%2012325.pdf iii) http://www.dgmarket.com/tenders/np-notice.do?noticeId=11234031

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