Madhucon Projects enters into term sheet with TRIL Roads

23 Dec 2014

Madhucon Projects, a flagship company of Madhucon Group has entered into a term sheet with TRIL Roads. As per the agreement, the company will disinvest its subsidiaries Madhucon Infra and Madhucon Toll Highways’ 74% stake in Madhucon Agra-Jaipur Expressways, a step down subsidiary of Madhucon Projects, a National Highway Authority of India’s Road Project.

Madhucon Projects is one of the India’s leading Engineering, Procurement and Construction (EPC) and Build, Operate and Transfer (BOT) contractors and has executed wide ranging projects in the areas of State & National Highways, Bridges, Flyovers, Irrigation Projects (Dams, Canals, Tunnels) Industrial Projects, Townships, Railway Projects etc.

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