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The Roads team has won the bid for the four-laning of the 35-km
Ambala-Chandigarh road project on a toll basis for a concession period
of two decades. The project marks the entry of the Group into Northern
India in construction and development of roads.
GMR Group achieved the financial closure for Ambala-Chandigarh road project on 11 May, 2006 .
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| We own 74.0% of each of the Tuni-Anakapalli road project and the
Tambaram-Tindivanam road project, and 100% of each of the Adloor
Yellareddy-Kalkallu road project, the Ambala-Chandigarh road project,
the Faruknagar-Jadcherla road project, and the Tindivanam-Ulunderpet
road project. |
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