Joint Venture & Association

Joint Venture & Association

Joint Venture & Association

The Company has believed in consortium approach for bidding big projects in association with like-minded national and transnational companies.

The Association with other national International firm entailed Pooling of resources and transfer expertise which these firms have gained working on global basis.

Consequent to the shuffling of JV portfolio, the Company at present enjoys three BOT Projects in joint venture whose concession period extends to as large as 15 to 20 Years.

Path Oriental Highways Ltd

Path Oriental Highways Ltd is a SPV Company which has undertaken Rewa Bye Pass Project ( NH-7 ) on BOT basis. Rewa Bye Pass Project has been started for public use from 27th April, 2007 and its toll period extends till 16th March, 2020.

Oriental Pathways (Nagpur) Pvt Ltd

Oriental Pathways (Nagpur) Pvt Ltd is SPV Company which has undertaken Kondhali Talegao Project( NH- 6 ) on BOT basis, the toll collection of which is in the vicinity of Rs.7 Lakhs per day. Khondali Talegao Project has been commenced from 24.04.2008 and its toll period extends to 6TH September, 2026.

Udaipur Pathways Pvt. Ltd.

Udaipur Pathways Pvt. Ltd. (SPV) formed by Prakash Asphaltings & Toll Highways (India) Ltd. for undertaken the project Operation and Maintenance of Swaroopganj –Pindwada section (Km 264.000 to Km 248.7) of NH-14 and Pindwada –Udaipur Section (Km 0.000 to Km104.724) of NH-76 in the state of Rajasthan on OMT basis (Lot 1, Package-4) Project. Project is under the supervision of National Highway Authority of India,New Delhi.

Jhansi-Baran Pathways Pvt. Ltd

Jhansi-Baran Pathways Pvt. Ltd formed by Prakash Asphaltings & Toll Highways (India) Ltd. for undertaken the project Operation and Maintenance of Baran – Shivpuri section (Km 492.322 to Km 613.087) of NH-76 in the state of Rajasthan and Madhya Pradesh and Shivpuri – Jhansi section (Km 15.000 to Km 90.300) of NH – 25 in the states of Madhya Pradesh and Uttar Pradesh on OMT basis (Lot 1, Package-5) Project. Project is under the supervision of National Highway Authority of India,New Delhi.

Rewa Pathways Pvt. Ltd.

Rewa Pathways Pvt. Ltd. formed by Prakash Asphaltings & Toll Highways (India) Ltd. for undertaken the project Strengthening, Widening, Maintaining and Operation of Semaria-Manikpur Road on BOT (Toll Plus Annuity) Basis. Project is under the supervision of Madhya Pradesh Road Development Corporation Ltd.Bhopal.

The Company has participated in various tenders with various like minded companies during recent past which includes UB Engineering Ltd., JMC Projects (I) Ltd and MSK Projects Ltd.