Meensurutti Highway Private Limited., a limited liability company as the Concessionaire to undertake and perform the obligations and exercise the rights of the selected bidder under the LOA for executing the project.

Kallagam-Meensurutti Highway Private Limited (KMHPL)

The Government of India had entrusted with National Highways Authority of India (NHAI) with the development, maintenance, and management of National Highway No.

National Highways Authority of India (NHAI)

Kallagam-Meensurutti Highway Private Limited (KMHPL)

Kallagam-Meensurutti Highway Private Limited (KMHPL) is an SPV incorporated in March 2018, by OSEPL to undertake the project, in a Concession Agreement with the NHAI, for four laning of Kallagam to Karuppur from km. 38.700 to km. 50.382 and two laning with paved shoulders from Karuppur to Meensurutti from km. 50.382 to km. 98.433 under NHDP phase-IV in Tamil Nadu (the project) on a design, build, operate and transfer (the hybrid annuity) basis.

The project had an initial construction period of 730 days from the appointed date of April 23, 2019, and O&M period of 15 years thereafter. The project suffered delays on account of initial non-availability of pond ash, heavy monsoon in the region and the Covid-19 pandemic-related disruption. The company correspondingly applied for extension of timeline and the same has been approved by the NHAI, whereby NHAI has approved to provide provisional completion in a phased manner, to the extent of land available and completion of execution. The company received its provisional completion certificate I (PCC-I)/ Provisional COD on October 19, 2021, for 73% of project completion. The pending work would be completed in two phases – PCC-II and PCC-III. Under PCC-II, 15% of the BPC is to be incurred and the scheduled target date for the same is May 31, 2022. Under PCC-III, the balance 12% of the BPC is to be incurred and the scheduled target date for the same is December 31, 2022. 2022, on completion of 4.200 Kms with 100% of Physical Progress.