GMR Infra commenced two new projects

GMR Infrastructure Limited has commenced commercial operations of the Hyderabad – Vijayawada section of National Highway 9 and the Hungund– Hospet section of National Highway 13.  With the commencement of these two projects, the group has now a portfolio of eight operating highways. The two new projects are expected to generate revenue in the range of Rs. 75 to 80 lakh per day for the former and Rs. 18 to 20 lakh per day for the latter.
The Hyderabad – Vijayawada project was awarded through an international competitive bidding by NHAI on a DBFOT basis with a concession period of 25 years including a construction period of 2.5 years. The four laning of the 181.5 km stretch has been completed as per requirements and also opened for traffic.   
With the completion of four laning of Hyderabad – Vijayawada section of NH-9, the distance of 260 km will be covered in less than 5 hours compared to 6 to 8 hours prior to the construction. Six new bypasses are developed around the towns of Narketpally, Nakrekal, Kodad, Akupamula, Sher Mohammed Peta and Navabpet which aid in decongesting the towns.

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