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

  • Foreign firms bid offer for Kathmandu-Tarai Fast Track Project
    July 20, 2012
    The Nepalese government is inviting overseas firms to submit expressions of interest in taking part in the Kathmandu-Tarai Fast Track Project. The built-operate-transfer-based project will cost over US$ 906.41million (NPR 80bn). The expressway will span across 76kms. As much as 10% investment on the project's total cost can be invested by Nepali firms via joint venture or a consortium with overseas companies.
    Read More
  • IL&FS get LoI for US$263.9mn Kiratpur Ner Chowk Expressway contract
    March 15, 2013
    Kiratpur Ner Chowk Expressway has given IL&FS Engineering Services (IL&FS) a letter of intent (LoI) for an engineering, procurement and construction (EPC) contract in India worth US$263.9 million (INR 14.36bn). Under the deal, IL&FS will undertake a scope of work including minor bridges, five tunnels, 18 major bridges, toll plazas, 67.3km of road work and related infrastructure. The expressway project includes the EPC contract as well as expanding the Kiratpur Ner Chowk section of the National Highway 21 in
    Read More
  • Nepal’s widened Kathmandu Road is reducing traffic jams
    May 15, 2012
    The authorities in Nepal’s capital Kathmandu are working fast to widen the Kathmandu Valley road. This key widening project includes take-up of public land along the route of the road as well as some land nearby belonging to government offices. The road widening programme has already seen the demolition of roadside structures in New Baneshwore, Kalimati, Lainchour, the wall of the Social Welfare Council Compound, Nagpokhari, Jay Nepal, Kamaladi and a portion of the Narayanhiti National Museum. It has also r
    Read More
  • IRF Global Road Achievement Awards Laureate city Road Improvement Project
    November 30, 2015
    Thiruvananthapuram, the capital city of Kerala (India) had been witnessing rapid urbanisation. The government of Kerala implemented the Thiruvananthapuram City Road Improvement Project (TRCIP) to widen the existing 42km of existing road network to cater the needs of rapid urbanisation.
    Read More

Highlighted Content