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Rao-Pithanpur Toll Road

Sector: Road • Location: India

Source: World Bank Group

Project
Active

On June 15 1990, Infrastructure Leasing & Financial Services Limited (IL&FS) won a BOT contract for the development and operation of an 11.5km toll road to carry commuter traffic between the Pithampur industrial complex and Indore City, Madhya Pradesh. The project includes the construction of a small bridge. The road cost US$1.9 million in sponsor equity (although Public Works Financing reports a

Status
Prospective
Sector
Road, Commercial, Bridge, Government, Manufacturing (Industrial), Automotive
Location
India
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Rao-Pithanpur Toll Road” 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

On June 15 1990, Infrastructure Leasing & Financial Services Limited (IL&FS) won a BOT contract for the development and operation of an 11.5km toll road to carry commuter traffic between the Pithampur industrial complex and Indore City, Madhya Pradesh. The project includes the construction of a small bridge. The road cost US$1.9 million in sponsor equity (although Public Works Financing reports a total figure of US$2.8million). The road opened for operation in November 1993. IL&FS will operate the road until it has recuperated all construction costs and a specified rate of return. The road will then revert to a GOMP designated agency. The project was established as a Special Purpose Vehicle under the name MP Toll Roads Ltd (MPTRL). The project has a back-ended revenue cash flow under the Indian Toll Act (M P Amendment).

Original sector

Transport

Budget

Location

Country

India

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Road, Commercial, Bridge, Government, Manufacturing (Industrial), Automotive

Article published date

2024-09-20

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