Press Releases2012Jan 11, 2012
Essel Infraprojects Ltd bags its 3rd National Highway Project in the Country
Essel InfraProjects Ltd bagged a prestigious project of 4 laning of Gwalior Shivpuri with a project outlay of Rs1700 crore in the state of Madhya Pradesh under NHDP Phase IV through Public Private Partnership (PPP) on Design, Build, Finance, Operate and Transfer (DBFOT) on Toll Basis from National Highway Authority of India (NHAI). The Concession period is 29 years.« Back
The Concession Agreement for the Project was signed on 9th January 2012 by Mr. A. P. Mishra, General Manger (NHAI) and Mr. C. Venkatramana, (Managing Director, Essel Infraprojects Ltd) in presence of Member Admin - Mr. Rajeev Yadav, Member Projects - Mr. B. N. Singh, Member Finance - Mr. J.N. Singh and Chief General Manager - Mr. S.C. Jindal, from NHAI.
Prior to this Essel Infraprojects Ltd had also received Ahmedabad Godhra with a Project outlay of 1300 CR and Ludhiana Talwandi with a project outlay of 750 CR. The National Highway Project is Essel Infraprojects' 3rd project in the country and 11th road project of the Company in a quick succession.