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The project reached commercial and financial close. SEW Navayuga Barwani Tollways Pvt. Ltd (SNBTPL) is the special purpose vehicle in which SEW Infrastructure holds 74% stake, while the rest is held by Navayuga Engineering.
List of the country updates
Country updates
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July 18, 2007
Reliance Infra signed the concession agreement with the NHAI
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April 04, 2006
The GMR-led Consortium signed the Operations, Management and Development Agreement (OMDA) with the AAI
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February 28, 2006
IJM Corporation in a 50:50 joint venture with Shapoorji Pallonji & Co., India received a letter of acceptance from National Highways Authority of India for the project
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February 16, 2006
Signing of Agreement
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January 15, 2006
The GMR-led Consortium was awarded the concession to operate, manage and develop the airport following an international competitive bidding process
