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Trichy Thanjavur Four line Update

Government of Nepal has awarded the work for upgrading of Sanfebagar - Martadi Road (Km 00+000 to Km 30+721) under Road Improvement Project scheme funded by Exim Bank of India, Mumbai.

Madhucon Projects Limited has already commissioned its first BOT project for Improvement, Operation and Maintenance of Rehabilitation and strengthening of existing 2-Lane road and widening to 4-Lane divided Highway of KM 63.000 to KM 120.000 of NH-11 (Bharatpur - Mahua section) in the state of Rajasthan on Build, Operate and Transfer (BOT) basis under NHDP Phase - IIIA. The toll revenue collection has commenced since May 2009. NHAI, Karur has recommended the commencement of tolling for the second BOT project namely TN (DK) Expressways Limited between Karur - Dindigul. The toll revenue collection shall commence very shortly. The balance of 2 BOT projects i.e. Trichy - Thanjavur Expressways Lmited of Rs 390 crores and Madurai - Tuticorin Expressways Limited of Rs 920 crores shall be commissioned before the end of this financial year. Madhucon Projects Limited is developing 320 Km of BOT projects under NHAI> Madhucon Projects Limited is also executing National Highway Projects under Item Rate of 220 Kms.

Madhucon Projects Limited which is setting up of 540 MW Thermal Power Plant in Krishnapatnam, Nellore District is proposing to increase the capacity to 1920 MW. The construction for the first phase of 270 MW is in full swing and Letter of Credits for BTG equipments have been established. The company is in the process of achieving the financial closure for the second phase of 300 MW before 15/11/2009.

Madhucon Projects Limited is setting up a four star hotel with service apartments in Kukatpally, Hyderabad at a cost of Rs 361.33 crores. The financial closure has already completed and the construction work is just commenced. Madhucon is also setting up a Mega Mall with Cineplex and Office Complex at a cost of Rs 459.19 crores. The construction of his project shall commence before the end of this financial year.

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