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Hoshangabad-Piparia-Panchmarhi Road

Active · India

Source: World Bank Group

Project
Active

Chetak Enterprises Pvt. Ltd. was awarded a 15 year build-operate-transfer (BOT) contract for the 126.7 km Hoshangabad-Piparia-Panchmarhi road by Madhya Pradesh Road Development Corporation Limited (MPRDC) in February 2003. MPRDC is a wholly owned Madhya Pradesh (MP) state government company responsible for the construction and rehabilitation of MP state roads. This BOT contract was in response to

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

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The project “Hoshangabad-Piparia-Panchmarhi Road” is an infrastructure initiative in the Road sector, located in India. Taiyo aggregates data on it from World Bank Group.

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

Chetak Enterprises Pvt. Ltd. was awarded a 15 year build-operate-transfer (BOT) contract for the 126.7 km Hoshangabad-Piparia-Panchmarhi road by Madhya Pradesh Road Development Corporation Limited (MPRDC) in February 2003. MPRDC is a wholly owned Madhya Pradesh (MP) state government company responsible for the construction and rehabilitation of MP state roads. This BOT contract was in response to an urgent need to strengthen and upgrade the region’s roads due to a considerable increase in traffic and commercial activities. Chetak Enterpises Pvt. Ltd. won the contract by bidding the lowest government grant/ subsidy amount of US$ 7.62 million in a competitive tender conducted by MPRDC in December 2002. Under the contract, all the investment was made by Chetak Enterpises Pvt. Ltd. in return for the right to collect tolls during the term of the contract. The total cost of the project was estimated at US$ 12.86 million. The Hoshangabad-Piparia-Panchmarhi Road became fully operational in 2006.

Original sector

Transport

Budget

Location

Country

India

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Road, Government, Commercial

Article published date

2024-09-21

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