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Authors: Udaykumar, Prashanth D.

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GMR KUAEL: The Longest Road PPP
Authors: Raghuram, G.; Udaykumar, Prashanth D.; ;

Reference No: CIPR0026 Pages: 27 Published on: 18, November, 2016

Abstract: GMR Infrastructure Limited (GMRIL) had to make a decision on its continued role in the 555.48 km Kishangarh Udaipur Ahmedabad (KUA) Expressway Project, India's then longest road public-private partnership (PPP) project. GMR had terminated the contract citing NHAI's failure in fulfilling Conditions Precedent (CP) of providing (i) environment clearance (EC), (ii) ... More

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