ARTL has acquired a letter of award (LoA) for six-laning of Kagal-Satara part of NH-48 in Maharashtra to be executed on a Construct-Function-Switch (BOT) Toll mode underneath Bharatmala Pariyojana, the corporate stated.
The estimated price of the 67-km mission is Rs 2,008.47 crore. The anticipated completion time is 24 months, AEL stated.
“With this mission award, Adani’s street portfolio could have whole 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 sort belongings,” it stated.
ARTL is engaged within the enterprise of development, operation and upkeep of roads, highways and expressways. PTI ABI ABI ANU ANU