ARTL has acquired a letter of award (LoA) for six-laning of Kagal-Satara part of NH-48 into be executed on a Construct-Function-Switch (BOT) Toll mode underneath Bharatmala Pariyojana, the corporate mentioned.
The estimated price of the 67-km mission is Rs 2,008.47 crore. The anticipated completion time is 24 months, AEL mentioned.
“With this mission award, Adani’s highway portfolio can have complete 14 tasks with greater than 5,000 lane km and asset worth exceeding Rs 41,000 crore unfold over 10 states. The portfolio has a mixture of HAM (Hybrid Annuity Mode), TOT (Toll Function Switch) and BOT kind belongings,” it mentioned.
ARTL is engaged within the enterprise of development, operation and upkeep of roads, highways and expressways. PTI ABI ABI ANU ANU