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Udaipur Bypass

Sector: Government • Location: India

Source: World Bank Group

Project
Concluded

Atlanta Limited has a 11 year, 8 month concession contract for the rehabilitation and operation of the Udaipur Bypass in Rajasthan State. The company agreed to complete construction in 18 months (not part of the concession term) and to operate the bypass to recover the costs of construction.

The government provides a minimum revenue guarantee and will extend the contract length in the case of

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Project Information

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The project “Udaipur Bypass” is an infrastructure initiative in the Government sector, located in India. Taiyo aggregates data on it from World Bank Group.

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Participants

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Status

Original status

Concluded

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Description

Description

Atlanta Limited has a 11 year, 8 month concession contract for the rehabilitation and operation of the Udaipur Bypass in Rajasthan State. The company agreed to complete construction in 18 months (not part of the concession term) and to operate the bypass to recover the costs of construction. The government provides a minimum revenue guarantee and will extend the contract length in the case of a shortfall. The total project costs are US$6.7 million. Financing includes a term loan from financial institutions and equity participation by Atlanta Limited. The government sets tolls for the bypass. India’s first greenfield BOT project on National Highways in 1996. This project involved the construction of a 11-km long two-lane bypass road, with five major structures. The company successfully constructed the Bypass in a record time, enabling the SPV (Ideal Toll Road Investments) to begin toll collection way ahead of schedule and generate revenues higher than projected.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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