Operates a 60-kilometre, four-lane toll road connecting Armur to Adloor on National Highway – 7 in the state of Telangana. The project was awarded by National Highways Authority of India (NHAI) for upgradation of road from 2-lanes to 4-lanes on Build-Operate-Transfer basis. The project is a mature asset with operational history of over 8 years

The project is an important link between two key industrial hubs, Hyderabad and Nagpur and serves long distance commercial traffic. The resilience of traffic in the project stretch is strong backed by movement of essential commodities such as fruits & vegetables along with other commodities such as auto components, steel & plastic.

The project is accredited with AAA rating (link) backed by recent completion of major maintenance, sustained growth in traffic volumes, completion of refinancing at a reduced coupon, strong coverage ratios and sponsor profile.