114 km Seoni-Balaghat-Rajegaon State Highway on SH – 26 and SH – 11
The Company has successfully completed the execution of the BOT project of 114 km Seoni-Balaghat-Rajegaon State Highway on SH – 26 and SH – 11 which are important constituent of the main trunk route network of Madhya Pradesh. The Project Road falls in two districts of Madhya Pradesh viz. Seoni (about 45 kms) & Balaghat (about 69 kms) and it is very important link road connecting NH – 7 at Seoni (Madhya Pradesh) and NH – 6 at Duggipur (near Gondia, Maharashtra). It serves as an important link for transportation of various minerals, agriculture and forest products and various other commodities. It provides shortest link for the traffic coming via NH – 7 from North-West part of the state and the country as a whole and moving towards State of Chhattisgarh, Orissa & West Bengal and vice-versa.
Four / Two Laning of Rimuli-Roxy-Rajamunda of NH – 215 in the State of Orissa
The Company has been awarded project of “Four / Two Laning of Rimuli-Roxy-Rajamunda of NH – 215 in the State of Orissa” by NHAI under Phase – III of National Highways Development Program. Project will be executed on a Design, Build, Finance, Operate & Transfer (Toll) basis with a concession period of 19 years including construction period of 910 days. The project has been awarded to the consortium led by the Company; the other partner being SREI Infrastructure Finance Limited.
Development of Seoni-Katangi to Maharashtra Border Section of State Highway-54 of Madhya Pradesh
The Company has been awarded the project for developing the Seoni-Katangi to Maharashtra Border Section of State Highway-54 of Madhya Pradesh on BOT (toll) basis by Madhya Pradesh Road Development Corporation Ltd (MPRDC). The estimated cost of the project is Rs. 212 crores. The concession period is 30 years and MPRDC will contribute non-refundable grant/subsidy of Rs. 59.50 Crores. The length of the project highway is 75.60 km and the construction period is 730 days. The project will be executed through a 100% owned subsidiary. The Project Road is in Seoni and Balaghat districts of Madhya Pradesh and passes through important towns of Seoni, Ari, Tighra, Kehaji, Paraswada and Katangi. The project road is used for transportation of manganese, coal and other minerals extracted in the nearby mines; items like Bamboo, herbs, teak, sal etc. from nearby forests; and agricultural products amongst others. The road is also used by tourists visiting nearby attractions like Pench National Park or Kanha National Park.
Development of Waraseoni-Lalbarra Road of Madhya Pradesh
The Company has been awarded the project for developing the Waraseoni - Lalbarra Road of Madhya Pradesh on BOT (TOLL + ANNUITY) Basis by MPRDC. The Concession period is 15 years and MPRDC will contribute annuity of Rs. 84.76 Crores (Rs. 3.26 Crores Semi-Annual). Besides this, MBL shall also have the right to collect Toll. The length of the project highway is 18.303 Kms and the construction period is 730 Days. The Project will be executed through a 100% owned subsidiary - MBL (MP) Toll Road Company Limited.
|
