On 24 February 2014
Reliance Infrastructure, part of Reliance Group announced completion of the Trichy-Karur road in Tamil Nadu, undertaken through its Special Purpose Vehicle (SPV) TK Toll Raod to achieve full commercialization. The project has been executed on BOT basis under the aegis of National Highways Authority of India (NHAI). RInfra has been awarded the contract to operate and maintain the road for a concession of 30 years. Built at a cost of Rs 732 crore, the two-four laning of 63 kms of Trichy-Karur road has been completed and toll collection started.Powered by Capital Market - Live News