A major highway deal has been agreed for a road project in Gujarat, India, worth an estimated US$810.8 million.
It will be handled under the build, finance, operate and transfer basis and will involve upgrading and widening to six lanes a 102km section of National Highway 8 (NH-8) from Ahmedabad-Vadodara.
The project also includes upgrading 92km of the existing Ahmedabad-Vadodara expressway.
Work is expected to take three years to complete, and the 25-year concession deal for the project has been a