Nesco Ltd., a prominent name in infrastructure development, has been awarded a prestigious contract by National Highways Logistics Management Limited (NHLML). This contract marks a significant milestone for the Bengaluru-Chennai Expressway, as it involves the development, operation, and maintenance of wayside amenities in the South Zone (Phase II).
Key Highlights:
- Scope of Work: Development, operation, and maintenance of three WSA sites along the expressway on a 30-year lease, with an option to extend for another 30 years.
- Development Timeline: Completion within 10 months from the appointed date.
- Estimated Costs and Revenue:
- Development cost: ₹75 crore per site (₹225 crore total).
- Projected annual revenue: ₹350 crore from the fourth year of operations.
- Annual lease rent: ₹16.6 crore for all three sites, with yearly adjustments based on WPI and CPI.
