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IRB Infrastructure Developers Limited — Capital/Financing Update 2020
Aug 2, 2020
62323_rns_2020-08-02_e5947324-7e28-4f0e-9cd3-3b645ba2d0b8.pdf
Capital/Financing Update
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August 2, 2020
Corporate Relationship Department, National Stock Exchange of India Limited The Bombay Stock Exchange Ltd Exchange Plaza, BKC Complex, Bandra (East) Dalal Street, Mumbai - 400 023 Mumbai – 400 051
Dear Sir,
Re: Update on Hybrid Annuity Project
In continuation with our earlier announcement dated July 29, 2020, we are pleased to inform you that the Company has now received Letter of Award from National Highways Authority of India (NHAI) for Hybrid Annuity Project under Bharatmala Pariyojana (Phase I-Package VII). Key highlights of the Project are as under:
| Project | NHAIBidProjectCost(Rs. InCrores) | Company’s BidProjectCost(Rs. InCrores) | 1stYearO&Mquote(Rs.InCrore) | Company’sBidPrice(NPVofCompany’sBidProjectCost&O&M Cost overtheConcessionPeriod(Rs. In Crores) | ConstructionandOperationPeriod | Length(Km) |
|---|---|---|---|---|---|---|
| Construction of Eightlane access controlledExpressway from Km190.000 to Km 217.500of Vadodara MumbaiExpressway (Gandeva toEna Section) in the Stateof Gujarat on HybridAnnuity Mode underBharatmala Pariyojana(Phase I-PackageVII) | 1241.79 | 1,755 | 8.10 | 1723.97 | 730 daysConstructionPeriod; 15yearsOperationPeriod | 27.50 |
For IRB INFRASTRUCTURE DEVELOPERS LIMITED
Digitally signed by MEHULKUMAR NATWARLAL PATEL MEHULKUMA DN: c=IN, o=Personal, cn=MEHULKUMAR NATWARLAL PATEL, serialNumber=4a1816113b59302c922b R NATWARLAL b55f82b11efd9325486d58d16564a6d1458dd0a6a0fe, postalCode=400607, 2.5.4.20=94a78f064dab4ff39b7861edcf6 PATEL 4efc2459100e5464ea6f9ea45f7ffdd0e48 dc, st=Maharashtra Date: 2020.08.02 11:15:19 +05'30'
Mehul Patel Company Secretary