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IRB Infrastructure Developers Limited — Capital/Financing Update 2021
Sep 25, 2021
62323_rns_2021-09-25_95901781-caac-43bb-9826-f85f6ed6bcdc.pdf
Capital/Financing Update
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September 25, 2021
| Corporate Relationship Department, The Bombay Stock Exchange Ltd DalalStreet,Mumbai - 400 023 |
National Stock Exchange of India Limited Exchange Plaza, BKC Complex, Bandra (East) Mumbai – 400 051 |
|
|---|---|---|
Dear Sir,
Re: Receipt of Letter of Award (LoA)
In continuation with our earlier announcement dated September 2, 2021, we are pleased to inform you that the Company has received Letter of Award from NHAI for the project of Development of Six Laning of Chittoor-Thachur road from km. 96.040 (Pondavakkam) to km. 116.100 (Kannigaipair) on Hybrid Annuity mode under Bharatmala Pariyojana, in the state of Tamil Nadu (Package-IV).
Key highlights of the Project are as under:
| Project length | 20.06kms |
|---|---|
| NHAI Bid ProjectCost(Rs.InCrores) | 652.49 |
| Company’sBidProjectCost(Rs.InCrores) | 909.00 |
| 1stYearO&Mquote(Rs.InCrores) | 1.98 |
| Company’s Bid Price (NPV of Company’s Bid Project Cost & O&M Cost over the Concession Period (Rs.InCrores) |
844.14 |
| Construction and Operation Period | Construction Period of 730 Days & Operation Period of 15 (Fifteen) years commencing from COD |
This is for your information and record.
For IRB INFRASTRUCTURE DEVELOPERS LIMITED
Digitally signed by Mehulkumar Natwarlal Mehulkumar Patel DN: c=IN, o=Personal, 2.5.4.20=94a78f064dab4ff39b7861edcf64efc Natwarlal 2459100e5464ea6f9ea45f7ffdd0e48dc, postalCode=400607, st=Maharashtra, serialNumber=4a1816113b59302c922bb55f8 2b11efd9325486d58d16564a6d1458dd0a6a0 Patel fe, cn=Mehulkumar Natwarlal Patel Date: 2021.09.25 15:04:10 +05'30'
Mehul Patel Company Secretary