Ramky Infra begins tollway road project

With effect from March 11, 2014, Ramky Infrastructure has began commercial operations at the four-lane Narketpally-Addanki-Medarametla Road (State Highway-2) in Andhra Pradesh. The tollway road project was awarded to the JV of Ramky Infrastructure and IL and FS Transportation Networks in the ratio of 50:50 by the Andhra Pradesh Road Development Corporation. The project is based on toll collection with a concession period of 24 years including two and half years of construction period.