Nepal’s Kathmandu-Terai Fast Track road to be built under annuity model?

India's Infrastructure Leasing & Financial Services (IL&FS) has offered to build the 76km, US$1.01 billion Kathmandu-Terai Fast Track road in Nepal under an annuity model, proposing that the government issue a global tender. This model is suitable as investors, including IL&FS and other Indian firms Reliance Infrastructure and Larsen & Toubro, have proved unwilling to undertake the project under a BOOT system. The Kathmandu-Terai Fast Track road will carry an estimated 3,000 vehicles a day.
March 31, 2014 Read time: 1 min
India's Infrastructure Leasing & Financial Services (3148 IL&FS) has offered to build the 76km, US$1.01 billion Kathmandu-Terai Fast Track road in Nepal under an annuity model, proposing that the government issue a global tender. This model is suitable as investors, including IL&FS and other Indian firms 1234 Reliance Infrastructure and 6458 Larsen & Toubro, have proved unwilling to undertake the project under a BOOT system. The Kathmandu-Terai Fast Track road will carry an estimated 3,000 vehicles a day.
Road Structures

For more information on companies in this article

Related Content

  • Nepal road upgrades being planned
    November 28, 2016
    A series of infrastructure upgrades are planned for Nepal that will help improve its economic development. A key infrastructure requirement for Nepal is the development of its road network. In a move to tackle the issue, Nepal’s Ministry of Physical Infrastructure and Transport has initiated the strategy for the development of roads in all 75 districts by 2022. About US$7.5 billion has been estimated as being required for the completion of this project. Funding will require financing from internal sources
    Read More
  • Nepal’s $14.4 billion 2025-2026 budget
    June 3, 2025
    Nepal’s $14.4 billion 2025-2026 budget has been unveiled.
    Read More
  • IL&FS to widen Patna-Gaya-Dobhi road in India’s Bihar state
    October 16, 2014
    The National Highways Authority of India (NHAI) has awarded a highway widening contract worth US$202 million (INR 12.32 billion) to IL&FS Engineering and Construction Company. IL&FS will widen to four lanes 127km of the Patna-Gaya-Dobhi section of NH-83 in the north eastern Indian state of Bihar. The project is due for completion in three years and it will be undertaken under the Official Development Assistance Loans programme of the Japan International Cooperation Agency (JICA).
    Read More
  • IL&FS Transportation secures US481.86mn loans for India road projects
    November 11, 2013
    Indian company IL&FS Transportation Networks (IL&FS Transportation) will push ahead with vital major national road projects after securing loans worth more than US$480 million from lenders such as Yes Bank, IndusInd Bank and IL&FS Financial Services. Of the loaned amount, $211.84 million from Yes Bank will be used to help finance the expansion of the Khed-Sinnar Section of NH-50 in Maharashtra to four lanes, while another $272.43 million from IL&FS Financial Services and IndusInd Bank will be used to hel
    Read More

Highlighted Content