India Awards Four Highway Projects

August 5, 2011

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The National Highway Authority of India has awarded four road projects worth Rs95bn ($2bn).

GMR Infrastructure has won an Rs57bn ($1.3bn) national highway project running from Kishangarh in
Rajasthan state through Udaipur to Ahmedabad in Gujarat state.

The project is to six-lane a 555km-long stretch of the highway, over the next three-to-four years, with
GMR paying the premium to the authority over the 26-year concession period.

The project will be carried out on a design, build, finance, operate and transfer (DBFOT) basis under
the fifth phase of the National Highway Development Programme, which is widening the existing
Golden Quadrilateral to six lanes from four.

Another Rs12.32bn ($279m) project has been awarded to BSCPL Infrastructure for four-laning the
Orissa border-Aurang section on NH-6 in the state of Chhattisgarh.

The 150km-project will be carried out on a DBFOT basis under NHDP Phase-IV.

PFC has won a Rs9bn ($204m) project for the Hospet-Bellary section in Karnataka, while the extension
of Jabalpur-Rewa section in Madhya Pradesh was awarded to Soma Tollways.