Swarna Tollway Private Limited - Tada Nellore (STPL-TN)

Growth Rate:

~4.1%

5-year CAGR (2019-2024) PCU

Part of NH16 and the Chennai-Kolkata Golden Quadrilateral, the Tada-Nellore part of the STPL toll road project runs across 110.8 km of Andhra Pradesh. It features toll plazas at Nellore, Budhanam and Sullurpeta, with Krishnapatnam port and Sri City being the key sources of traffic.

Short-Distance Traffic

Facilitates work, business, and religious travel between urban centres such as Ongole, Nellore, Gudur, Naidupeta, Tada and Tirupati.

Medium-Distance Traffic

Dominated by traffic to Krishnapatnam port from Hyderabad, Nalgonda region, and the cement cluster near Jaggayyapeta.

Long-Distance Traffic

Connects Chennai to Vijayawada, Visakhapatnam, Bhubaneswar and Kolkata, with traffic from Vijayawada and northern, coastal Andhra Pradesh to Tirupati and Bengaluru. Major commodities transported along this route include agricultural products, petroleum, and manufactured items.

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Vertis Infrastructure Trust

Registered with the SEBI as an Infrastructure Investment Trust (InvIT) under the SEBI InvIT Regulations on December 23, 2021 with registration number IN/InvIT/21-22/0019.

Principal Place of Business:

Unit No. 601-602, 6th Floor, Windsor House, Off CST Road, Kalina, Santacruz East, Mumbai 400 098, Maharashtra
info@highwayconcessions.com

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If you’re interested in opportunities at VIT, write in to careers@highwayconcessions.com

Swarna Tollway Private Limited – Tada Nellore (STPL-TN)