Indian road concession deal

The two-lane Shivpuri-Dewas road in India’s Madhya Pradesh will be widened to four lanes in a major upgraded project. The work is expected to take 30 months to complete and the work will be carried out on the 332km route by GVK Transportation. The contract is a design, build, finance, operate and transfer package and will feature a 30 year concession period. The project forms part of the 292 National Highways Authority of India’s (NHAI) National Highways Development Programme (Phase IV).