Simhapuri Expressway Limited (SEL)
SEL operates a 183.7 km toll road on National Highway 5 in the state of Andhra Pradesh, linking Nellore to Chilakaluripet. The project stretch operates under a 30-year concession, awarded by NHAI after competitive bidding in 2010 for widening of the existing four-lane divided carriageway to a six lane configuration on Build-Operate-Transfer (Toll) basis.
The project has a remaining concession period of 21 years and is currently under operation & maintenance stage. The project, built at a total cost of around INR. 1,535 crore, commenced operations in November 2011 and has been operating at 3 Toll Plazas for last 7 years. Industries along the project highway include cement, granite, agriculture, ports & shipping, etc. Furthermore, SEL is characterized by the presence of multiple SEZs in the near vicinity.