Private Sector | Gujarat - India | PID: 179682
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Vyap Nila Modasa Terminal, a concessionaire, is developing a bus terminal with commercial facilities at Modasa, Aravalli in Sabar Kantha district of Gujarat on design, build, finance, operate, transfer (DBFOT) basis. The project will come up over 7.41 acre of land parcel
In 2017, Nila Infrastructures in a joint venture (JV) with Vyapti Infrabuild and Alap Construction had bagged an order to execute the project. Later in the same year, the Gujarat State Road Transport Corporation (GSRTC) signed a concession agreement with the joint venture company for a period of 240 months
The project initiated in 2016 still awaits environment clearance for execution as confirmed with Projects Today. Excavation work on the bus terminal project has been completed. The promoter is hopeful of commencing civil work by mid-September 2018
| Updated on: 20 - Aug - 2018
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