.. Madhucon Signs Pact For Road Project In Jharkhand - To Commission 300 Mw Unit In Andhra Pradesh By June

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21 Apr 2011


Madhucon Projects Ltd has signed a concession agreement for Ranchi Expressway Ltd, the special purpose vehicle of the company, with the National Highway Authority of India for four-laning of Ranchi-Rargaon-Jamshedpur section of NH-33 between km 114 to km 277.5 in Jharkhand. This is part of Phase-III of National Highway Development Project awarded on design, build, finance, operate and transfer (DBFOT) with semi-annuity of Rs 133.20 crore. The project has a concession period of 15 years including construction phase of 912 days. According to a statement from the company, Madhucon is currently executing seven BOT toll road and annuity projects. Of them, two toll projects – Madhucon Agra-Jaipur Expessways Ltd and TN (DK) Expressways Ltd – are o......

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