Madhucon Projects'
three expressway projects are scheduled for completion by end-2010.
The first project
involves the upgrading of the 68 km
Karur-Dindigul on NH-7 in JV with SREI, wherein a SPV -TN (DK) Expressway
Ltd- has been floated for implementing the project. The second expressway of 128
km from
Madurai-Tuticorin on NH-45B is also being implemented via JV with SREI by
the SPV viz. Madurai-Tuticorin Expressway Ltd. Lastly, the
Thanjavar-Trichy, a 56 km stretch on NH-67, is being upgraded by
Trichy-Tanjavur Expressways Ltd.
These expressway
projects, part of the NHDP- Phase III, being implemented on BOT basis are
running as per schedule, the officials at Madhucon confirmed with ProjectsToday.
Meanwhile, the
company's much awaited 57 km
Mahua-Bharatpur road being implemented in JV with SREI is scheduled for
completion by end-December 2008.
prjexcl