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SEL Project Launch

SEL Project LaunchThe signing of Financing Documents for Debt Syndication of Rs. 2040 crores for Simhapuri Expressway Ltd. was organised on 13 September 2010 at Hyderabad. The Project entails upgrading the existing two lane Nellore – Chilakaluripet Section aggregating 183 kms to a four lane divided carriageway for capacity improvment. This is BOT Project with KMCL and BSCPL as its share holders. The project is expected to commence in mid 2011.