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Abhijeet Group proved its mettle in the infrastructure sector by successful completion of the prestigious project of the construction of 32.5 km of the Nelmangala - Tumkur Section of NH-4, a part of the golden quadrilateral. The project comprises of rehabilitation and widening of the existing two lanes of NH-4 from 29.5 Km to 62 Km (Neelmangala- Tumkur section) near Bangalore in Karnataka state into four lanes, with a provision of six lanes on BOT Basis.
The Group had exceeded all expectations and was widely recognized for a before time and on budget completion by JAS Toll Road Company limited, a SPV promoted by the Group . The project was completed and toll collection commenced from February 2004, 5 months ahead of its scheduled completion period of 24 months. The Company had incurred a total cost of Rs. 2356 Million and has right to collect the toll from the users of the project stretch for a period up to 21st July 2021 or to a further period as may be extended by NHAI.
In testimony to the company's performance Institution Infrastructure Development Finance company Limited (IDFC) a Leading Financial Institution in Infrastructure sector in India has invested Rs.655 Mn in equity and has thus partnered with the group in its road business.
Important Dates |
Commencement Date |
01.06.2002 |
Construction Period |
19 Months |
Concession Period |
19 Years 29 days |
Completion Date |
31st January, 2004 |
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Project Details |
Name of the Project |
Nelamangala-Tumkur BOT Toll Road Project |
Funding |
BOT |
Employer |
NHAI |
Concessionaire |
M/s. Jas Toll Road Company Limited |
Independent Engineer |
M/s. Zaidun Leeng-Sdn. Bhd. (JV With) M/s. Artefact Projects. |
EPC Contractor |
M/s. BSBK Pvt. Ltd., Bhilai |
Location |
NH-4 , Bangalore Karnataka |
Road Length |
32.5 kms |
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