GVK Shivpuri Dewas Expressway Private Limited, a step down subsidiary of GVK Power & Infrastructure Ltd, has signed a Concession Agreement on January 12th 2012 with National Highways Authority of India for Four Laning of Shivpuri Dewas section of National Highway No 3 (from Km 236.000 to Km 566.450) for a length of 332.46 kilometers in the State of Madhya Pradesh to be executed as BOT project on DBFOT Pattern under National Highways Development Programme phase lV. The Concession Period for the Project is for 30 years including construction period of 30 months.

(Sourced from Equity Bulls)