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's new pedestrian bridges
    March 22, 2012
    Improved pedestrian safety and smoother traffic flow will result from work being carried out by Nepal’s Department of Roads. The plan will see the construction of 15 pedestrian bridges along the Tinkune-Suryabinayak section of the Araniko Highway.
    Read More
  • India’s key tunnel project attracts new bidding
    June 5, 2017
    India’s massive Zojila Tunnel project in Jammu & Kashmir is attracting new bidding. The National Highways & Infrastructure Development Corporation (NHIDC) is asking for new bids for the project. A number of Indian and international firms are expected to enter bids, with some planning join ventures for the work, which is expected to cost US$1.55 billion.
    Read More
  • The GRSF: breaking down barriers
    December 17, 2020
    Improving road safety can be expensive, especially for low- to middle-income countries. The Global Road Safety Facility has been working hard to alleviate the situation
    Read More
  • AEM claims bC India promises to be a strong show
    January 18, 2013
    The bC India 2013 event looks set to be a well-attended and successful exhibition, according to the latest figures from the US-based Association of Equipment Manufacturers (AEM), which is one of the co-organisers. Nearly 700 exhibitors from 33 countries have applied for space at bC India which will also feature an extensive supporting programe. The number of exhibitors sets a record for this event, the International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines and Const
    Read More

Highlighted Content