Krishnagiri Thopur Toll Road Private Limited
The 86 Km long four-lane divided road from Krishnagiri to Thumpipadi on NH-44 in Tamil Nadu connects the two major districts of the state -Krishnagiri and Dharmapuri.
Krishnagiri Thopur Toll Road Private Limited (KTTRPL) is a matured road asset. This project involved the upgradation and widening of the existing 2-lane to 4-lane road from Krishnagiri (on BOT basis), which bypasses the en route towns like Dharmapuri, Kaveripattanam and Periyampatti on its way to Salem- Bangalore.
This INR 5.25 billion project SPV is a 100% shareholding venture of Indinfravit Trust, which commissioned the road for commercial operations ahead of the scheduled completion date, in February 2009, with a remaining concession life of about 6 years.
As per the Concession Agreement signed with NHAI, the SPV will be responsible for toll collection, operations, and maintenance of the road stretch till the end of the 20-year concession period.