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Sonauli-Gorakhpur section of NH-29E concession

Sector: Road • Location: India

Source: World Bank Group

Project
Active

This project involves the construction of the Sonauli-Gorakhpur section of NH-29E, located in state of Uttar Pradesh, India. The total length of this road section is 79.54km with designed four lanes. The concessionaire is Sonauli Gorakhpur Highways Private which is a fully owned entity of PNC Infratech company from India. This greenfield road project is under a hybrid annuity model basis. The conc

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The project “Sonauli-Gorakhpur section of NH-29E concession” 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

This project involves the construction of the Sonauli-Gorakhpur section of NH-29E, located in state of Uttar Pradesh, India. The total length of this road section is 79.54km with designed four lanes. The concessionaire is Sonauli Gorakhpur Highways Private which is a fully owned entity of PNC Infratech company from India. This greenfield road project is under a hybrid annuity model basis. The concession agreement includes O&M for 15 years and a construction period of two years. The total project cost is $178m (Rs14.58bn) the financial close date is February 17th, 2023. https://www.pncinfratech.com/pdfs/update-on-financial-closure-of-sonauli-gorakhpur-highways-17-02-2023.pdf https://www.tenderdetail.com/Indian-Tenders/TenderNotice/29857855/204E64266354638897A407C61878D2B4

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