Prakash Asphaltings & Toll Highways (India) Ltd. referred as PATH
(India) Ltd. have been promoted in July, 1996 by Mr. Puneet
Agrawal,
Mr.
Nitin Agrawal & Smt. Santosh Agrawal with an Authorized
Capital of
Rs. 10
million.
The company has steady growth since starting of its business.
It is reorganized player in the highways construction &
infrastructure development in Central India. The firm has very
good reputation and goodwill in the construction of roads &
bridges and have track record of completing all the major
works before the scheduled time.
The company takes up challenging jobs & executes them to the
full satisfaction of its client. The company has experienced
manpower & most modern construction and maintenance equipment
with new technology.
PATH (INDIA) Ltd. is one of the pioneers in Indian private sector
road contractors, being among the first companies to operate
road and bridge projects on a build operate and transfer
basis.
INDUSTRY & BUSINESS
DESCRIPTION
The highway sector was opened to the private sector in the
form of Build, Operate & Transfer (BOT) Scheme. The
Entrepreneur builds a highway/bridge with his own investment,
maintains & operates the facility and collects user charges
for a fixed period of time and transfers it back to the
Government there after. This concept has revolutionized the
highway sector, in the terms of time of construction &
improvement in riding quality.