The NHAI and AETPL (AE Tollway Private Limited), an SPV of IRB Infrastructure Developers Ltd., entered into a Concession Agreement on September 1, 2015, to construct, run, and maintain the Agra Etawah Bypass NH 2 Project. The concession term of the Project continues much after the specified date. The concessionaire is permitted to collect the indicated client expense from the traveling public during this time.
AETPL has been granted permission to add six lanes to a 124.52 km stretch of Uttar Pradesh's NH 2 on a BOT or DBFOT basis.
The Agra Etawah Toll Road Project includes the stretch of NH 2 between kilometers 199.66 and 323.525.
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