GMR Highways, the road construction division of Bangalore-based GMR Infrastructure, has commissioned its sixth national highway project, Tindivanam to Ulundurpet measuring 73 kms on NH-45 on the Chennai-Dindigul National Highway for commercial operations with effect from July 23.
This is the company's second national highway project in Tamil Nadu. With this project, it has developed and is operating 421 kms of national highways, making it one of the top BOT concessionaires in the country.
GMR Highways had won this project through an international competitive bidding from National Highways Authority of India (NHAI) in February 2006.
The road project included widening of the existing 2-lanes to 4-lanes and design, construction, development, finance, operation and maintenance of the existing road. The project has been executed on a BOT model for a total cost of Rs 828 crore. The concession period for this project is 20 years and it took two and a half years to complete the project.
Commenting on the development, O Bangaru Raju, managing director, GMR Highways said: "This road will ensure smooth flow of traffic and also provide a boost to trade and commerce in the region."
