National Highway Authority of India (NHAI) has issued a letter of award to IRB Infrastructure Developers for the road section PPP project in Himachal Pradesh. The development includes rehabilitation, upgradation and strengthening of the Pathankot-Mandi Section on NH-20 to a four-lane configuration. The project will be procured on the Hybrid-Annuity model (HAM) of public-private partnership (PPP).
Key highlights of the project are:
- Project length- 28.7 kilometers;
- The total investment in the project is INR8280 (US$110.81 million);
- Expected construction Period of 730 days and Operation Period of 15 years.
Country updates
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April 12, 2021
NIIF fund to invest in Indian hospital portfolio
National Investment and Infrastructure Fund Limited (NIIFL) has announced an investment of INR 21 billion (US$ 286.54 million) in Manipal Hospitals through its NIIF Strategic Opportunities Fund (SOF)....
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April 12, 2021
Cube Highways to acquire Ghaziabad Aligarh Expressway
Cube Highways and Infrastructure Pte. Ltd. through its ISQ Global Infrastructure Fund I, has entered into an agreement to acquire a 100 % stake of Ghaziabad Aligarh Expressway Private Limited (GAEPL)...
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April 07, 2021
Financial close achieved for Kolkata's sewage PPP project
WABAG, the project owner for Kolkata Metropolitan Development Authority's Hybrid Annuity Model (HAM) concession, has achieved financial close for the sewage treatment infrastructure project. The...
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April 05, 2021
Adani Transmission to acquire Warora-Kurnool Transmission Limited
Adani Transmission Limited (ATL) has signed agreements with Essel InfraProjects Limited (EIL) for the acquisition of Warora-Kurnool Transmission Limited (WKTL). WKTL has been awarded a conce...
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March 31, 2021
SPV incorporated for NH 151 expansion PPP in India
Dilip Buildcon has incorporated a special purpose vehicle (SPV) for Dhrol Bhadra Highways, a wholly-owned subsidiary of the company. The SPV is for the Expansion of the NH-151 highway PPP project...
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