In February 2013, Macquarie SBI Infrastructure Fund acquired 74% stake in GMR Jadcherla Expressways Ltd. (GJEL).
GMR Group won the road project for strengthening and improving the two lane stretch to four lanes between Shivrampalli / Faruknagar and Jadcherla on NH -7 in the State of Andhra Pradesh connecting Hyderabad to Bengaluru. The concession agreement for the project covering a distance of about 58 kms was signed between NHAI and the GMR Jadcherla Expressway Limited on 20th February 2006. GMR Group achieved COD of this project in February, 2009.
||NH 7, Andhra Pradesh
||National Highways Authority of India (NHAI)
||Build, Own, Transfer (BOT)
|No of Toll Plaza