Source: domain-b.com

National Highways Authority of India (NHAI) has awarded an annuity based build operate-transfer (BOT) project worth Rs518 crore to Patel Engineering Ltd.

The is to be located on NH-7 in Andhra Pradesh under North-South Corridor (NHDP Phase II). Patel Engineering and KNR Constructions will jointly execute the project. The semi-annual annuity project will generate total revenue of Rs1,597.32 crore.

The NHAI project work includes design, construction, development, finance, operation and maintenance of Islam Nagar to Kadtal stretch of the Nagpur-Hyderabad section on NH-7 in Andhra Pradesh under North-South Corridor (NHDP Phase II. The work also includes approximately 32km four-laning of the bypass out of 48km.

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Posted by pichu at May 30, 2007 1:12 PM