Corporate Announcement
Security Code : 539150    Company : PNCINFRA    
 
Update On The Financial Closure Of 4-Laning Of Aligarh-Kanpur Section (Package II From Bhadwas - Kalyanpur) Of NH 91 In UP On HAM ModelDownload PDF Download XBRL
  Exchange Received Time  22/10/2018 15:35:51         Exchange Disseminated Time   22/10/2018 15:35:58              Time Taken   00:00:07
PNC Infratech Limited (the Company) is pleased to inform you that 'PNC Aligarh Highways Private Limited', wholly owned subsidiary of the Company, has submitted duly executed financing documents to NHAI for the following Hybrid Annuity Model (HAM) Project:

Name of SPV and Project Bid Project Cost (Rs. in Crores) Concession Period


? PNC Aligarh Highways Private Limited (Concessionaire)

? 4-laning of Aligarh-Kanpur Section from km.186.000 (Design Chainage 195.733) to km.229.000 (Design Chainage 240.897) (Package II from Bhadwas-Kalyanpur) of NH 91 in the State of Uttar Pradesh] 1197.00
17.5 years including Construction Period
of 910 days







The Company is within the stipulated time frame with regard to the Financial Closure as stipulated in the Concession Agreement. Other details of the Project have already been shared with the Exchanges earlier.

We request you to take note of the same.

 

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