SPV formed for road project in Madhya Pradesh
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New Delhi, Aug 17 (IANS) The government Friday approved the formation of a special purpose vehicle (SPV) to execute the Lakhnadone-Ghansore road project in Madhya Pradesh.
The project will be executed on a build, operate and transfer (BOT) basis. The central government will invest 35 percent of the project cost that comes to Rs.23.11 crore.
The Telecommunications Consultants India (TCIL), a telecommunications and information technology company that has of late diversified into civil works, will execute the project.
The company's paid-up capital stands at Rs.43.20 crore, its stand-alone net worth is about Rs.420.41 crore.
Read More: O.h.road | J.n.v.road So | Vavdi-road | M.f.road Tso | B.t.project | Maruthanathi-project | Kochi M.g.road | T.g.road | T.c.road | D.g.road | A.road(bamungachi) | Madhya Madarihat | Madhya Khagrabari | Madhya Khayerbari | Madhya Gurguria | Madhya Monirtat | Madhya Shibpur | Madhya Ahatguri | J.c.road | N.d.road Munger Tso
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