Indian road tolling concession worth US$540 million have been signed.
A major road tolling concession has been signed in India - image courtesy of Norman Chan|Dreamstime.com
The US$540.3 million concession package has been agreed and signed for the the Lakhnadon-Lalitpur highway in India. The deal has been agreed between IRB Lalitpur Tollway (IRB) and the National Highways Authority of India (NHAI).
The deal is for a 316km section of the NH44 route in India's Madhya Pradesh State. The agreement covers tolling and operations for the route as well as maintenance works on the road. The package is for a 20-year operation and maintenance concession deal for the route.
