Adani Enterprises Ltd.

BSE: 512599 | NSE: ADANIENT
Large Cap | Trading
2156.70
2.70 (0.13%)
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Adani Enterprises incorporates JVC ‘BPRPL’

Date: 23-04-2018

Adani Enterprises and Prakash Asphaltings and Toll Highways (India) have incorporated a Joint Venture Company (JVC) namely - Bilaspur Pathrapali Road (BPRPL) on April 21, 2018 in the ratio of 74:26.

The JVC has been incorporated for development, maintenance management of 4-lane with and paved shoulder configuration of Bilaspur - Pathrapali (Km. 0+000 to Km. 53+300) section of NH-111 (New NH-130) in the state of Chhattisgarh under Bharat Mala on Hybrid Annuity Mode on Design, Build, Operate and Transfer (DBOT Annuity or Hybrid Annuity) basis.

Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.