Corporate Announcement
Security Code : 539150    Company : PNCINFRA    
 
Updates On Achievement Of Financial Closure For PNC Triveni Sangam Highways Private LimitedDownload PDF Download XBRL
  Exchange Received Time  18/09/2018 13:25:59         Exchange Disseminated Time   18/09/2018 13:26:05              Time Taken   00:00:06
PNC Infratech Limited (the Company) is pleased to inform you that 'PNC Triveni Sangam Highways Private Limited', wholly owned subsidiary of the Company, has submitted duly executed financing documents to NHAI under Hybrid Annuity Model (HAM) Projects.
Details of the project, as already shared with the exchange, are:
SPV Name and Projects Bid Project Cost (Rs. In Crores) Construction and Concession Period


PNC Triveni Sangam Highways Private Limited

[Six-laning of Chakeri Allahabad section NH-2 (from km 483.687 to km 628.753) in the state of Uttar Pradesh under NHPD Phase-V] 2159.00 Construction Period
(910 days)
Concession Period
(17.5 years)






The Company is within the time frame for achievement of Financial Closure as specified in the Concession Agreement for this project.

We request you to take note of the same
 

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