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Supreme Manor Wada Bhiwandi Infrastructure Pvt Ltd

Sector: Road • Location: Maharashtra, India

Source: World Bank Group

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Supreme Manor Wada Bhiwandi Infrastructure Pvt Ltd was created to implement a project that entailed the widening of Manor- Wada (24.25 kms) on SH-34 and Wada Bhiwandi Road (40.07 Kms) on SH-35 in Thane district in Maharashtra state and to convert them into a 4 lane highway. The total lenght of the road under this project was 64.32 km. Public Works Department (PWD) Maharashtra awarded the project

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The project “Supreme Manor Wada Bhiwandi Infrastructure Pvt Ltd” is an infrastructure initiative in the Road sector, located in Maharashtra, India. Taiyo aggregates data on it from World Bank Group.

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Description

Description

Supreme Manor Wada Bhiwandi Infrastructure Pvt Ltd was created to implement a project that entailed the widening of Manor- Wada (24.25 kms) on SH-34 and Wada Bhiwandi Road (40.07 Kms) on SH-35 in Thane district in Maharashtra state and to convert them into a 4 lane highway. The total lenght of the road under this project was 64.32 km. Public Works Department (PWD) Maharashtra awarded the project to Supreme Manor Wada Bhiwandi Infrastructure Pvt Ltd on BOT(toll) basis in Feb 2010. The BOT contract was for a concession period of 20 years and 10 months, excluding construction period of 24 months. Supreme Manor Wada Bhiwandi Infrastructure Pvt Ltd was a company owned by Supreme Infrastructure India Ltd, and Ram Infrastructure Ltd., Tapi Prestressed Products Ltd. The project cost was estimated to be INR 4300 billion (US$94 million). Financial close took place on 30 Aug 2010. Financing comprised Rs3.225bn 12-years term loan and Rs1.075bn equity. The debt was arranged by SBICAP.

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