Published On:March 14 2014
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Commencement of Commercial Operations of Narketpally - Addanki - Medarametla Road in Andhra Pradesh.
Ramky Infrastructure Ltd. has informed BSE that Commercial Operations (Tolling activities) has been commenced effective March 11, 2014 at the Four Laning of Narketpally - Addanki - Medarametla Road (SH-2) in the State of Andhra Pradesh ('the Project') awarded to the Joint Venture of Ramky Infrastructure Limited and IL&FS Transportation Networks Limited in the ratio of 50:50 by the Andhra Pradesh Road Development Corporation.
The Project is on toll basis with a concession period of 24 years (including 2.5 years of construction period).
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