L&T BPP Tollway Pvt Ltd, a special purpose vehicle incorporated by L&T Infrastructure Development Projects Ltd, today signed a concession agreement with NHAI for four-laning of the 244-km stretch of NH 14 between Beawar and Pindwara in Rajasthan.
The project is estimated to cost about Rs 2,600 crore and is scheduled to be completed in 30 months. The project is to be executed on BOT Design Build Finance and Operate basis and the project corridor is one of the main evacuation routes for traffic from Kandla and Mundra ports to many North Indian states.