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IRB Infrastructure Developers Limited Capital/Financing Update 2018

Sep 28, 2018

62323_rns_2018-09-28_751ad6c4-92e3-4f64-8d25-ecb1a9430aac.pdf

Capital/Financing Update

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27th September, 2018

Corporate Relationship Department, National Stock Exchange of India Limited
BSELtd Exchange Plaza
PJ. Towers, 1st Floor, Bandra - Kurla Complex, Bandra (East)
Dalal Street, Mumbai - 400 023. Mumbai - 400 051
Fax No: 22722037/ 39/ 41 Fax No: 66418125/ 26

Dear Sir,

Re: Update regarding Financial Closure achieved by IRB PP Project Private Limited.

We are pleased to inform you that IRB PP Project Private Limited - Wholly-owned Subsidiary of the Company ("the SPY"), has achieved financial closure for the Project within the timeline as specified in the concession agreement executed for the Project.

Details of the Project being implemented by the SPY is as under:

Name of the Project ConstrnctionandOperationPeriod NHAIBidProjectCost(Rs.InCrores) Company'sBid ProjectCost(Rs.InCrores) Project cost appraised by theLender & Means of Finance (Rs.In Crores)
Four laning ofPuducherry (Km. 730 daysConstruction 1,045.47 1,296.00 NHAI Support 543
29.000) toPoondiyankuppam Period; 15years Project Finance 617
(Km. 67.000) SectionOperationofNH-45A (New NH-Period32) Equity Contribution 159
Total Project Cost 1,319

This is for your information and record.

For IRB INFRf\STRUCTURE DEVELOPERS LIMITED

~ Mehul Patel

Company Secretary