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Topworth Tollways (Satna) Pvt Ltd

Sector: Road • Location: India

Source: World Bank Group

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Topworth Tollways (Satna) Pvt Ltd entailed the construction of highway that starts from km 0.000 to km 74.13 of State highway - 11 (SH-11) in the state of Madhya Pradesh, India. Madhya Pradesh Road Dev Corp. (MPRDC) awarded the project to Topworth Infra Pvt Ltd and MCC Overseas Ltd to be developed on BOT toll basis in March 2010. The concession contract was signed in May 2010.

The project c

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The project “Topworth Tollways (Satna) Pvt Ltd” 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

Topworth Tollways (Satna) Pvt Ltd entailed the construction of highway that starts from km 0.000 to km 74.13 of State highway - 11 (SH-11) in the state of Madhya Pradesh, India. Madhya Pradesh Road Dev Corp. (MPRDC) awarded the project to Topworth Infra Pvt Ltd and MCC Overseas Ltd to be developed on BOT toll basis in March 2010. The concession contract was signed in May 2010. The project cost was estimated at INR 1410 million (US$30.6 million). Financial close was on 13 Dec 2010. Financing comprised of Rs520m 14-year 5months term loan and Rs880m equity. The debt was arranged by SBI.

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