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Completed Projects
- North
Karnataka Expressway (Belgaum Maharashtra Border Road)
This project involved the development of four lanes with
service roads on both sides aggregating to approximately
472 Lane kms in length between Belgaum in the State of
Karnataka up to Maharashtra Border. The concession for
this project was awarded to us by the NHAI on a BOT (Annuity)
basis for a period of 17.5 years (including a construction
period of two and a half years), which commenced in June
2002 and will end in December 2019. We completed the construction
of this project and commenced its commercial operations
in July 2004.
- West
Gujarat Expressway (Jetpur Rajkot Gondal Road)
This project involved the widening of the existing Jetpur–Gondal
road from two lanes to four lanes, the improvement of
the existing four lanes between Gondal and Rajkot, the
widening of the existing Rajkot bypass from two lanes
to four lanes on the National Highway 8 B and construction
of side roads, with an aggregate length of approximately
389 Lane kms in the State of Gujarat. The concession for
this project was awarded to us by the NHAI on a BOT (Toll)
basis for a period of 20 years (including a construction
period of two and a half years), which commenced in September
2005 and will end in September 2025. We completed the
construction of this project and commenced its commercial
operations in March 2008.
- NOIDA
Toll Bridge
This project involved the development of a toll bridge
and approach roads with approximately 60 Lane kms connecting
Delhi to NOIDA in the State of Uttar Pradesh. The concession
for this project was awarded to our Promoter by the New
Okhla Industrial Development Authority (“NOIDA”) on a
BOT (Toll) basis for a period of 30 years (including a
construction period of two and a half years) which commenced
in December 30, 1998. We completed the construction of
this project and commenced its commercial operations in
February 2001. Pursuant to the terms of the concession,
the concession period will be subject to extension beyond
30 years until the total project cost and agreed returns
thereon have been recovered.
- Gujarat Toll Roads
- Vadodara
- Halol Road
This project involved the development
of an approximately 190 Lane kms on State Highway No.
87 from Vadodara to Halol in the State of Gujarat. The
concession for this project was awarded to our Promoter
by the Government of Gujarat on a BOOT (Toll) basis,
which commenced from the date of signing of Concession
Agreement i.e. October, 1998 and shall extend till a
period of 30 years from the operations date i.e. October
2000. The construction period for the project was one
and a half years. Pursuant to the terms of the concession,
upon completion of the 30 years period, the concession
period is further extendable for two year periods until
the total project cost and agreed returns thereon have
been recovered. We completed the construction of this
project and commenced its commercial operations in October
2000. This project was designated by the World Bank
as a best practices example for its environment risk
mitigation and social rehabilitation plan.
- Ahmedabad
- Mehsana Road
This project involved the development of an approximately
333 Lane km section of State Highway Numbers 41 and 133
from Ahmedabad to Mehsana in the State of Gujarat. The
concession for this project was awarded to our promoter
by the Government of Gujarat on a BOOT (Toll) basis, which
commenced from the date of Concession Agreement i.e. May,
1999 and shall extend till for a period of 30 years from
the operations date i.e. February 2003. The construction
period for the project was 33 months. Pursuant to the
terms of the concession, upon completion of the 30 years
period, the concession period is further extendable two
year periods of two years until the total project cost
and agreed returns thereon have been recovered. We completed
the construction of this project and commenced its commercial
operations in February 2003.
- Nagpur City Bus Project
This project includes the mobilization, operation and
maintenance of the Nagpur city bus services in the city
of Nagpur on BOO basis. The concession for this project
was awarded by Nagpur Municipal Corporation to Vansh Nimay
Infra Projects Limited for a period of 10 years (and renewable
for another 5 years), which commenced in February 2007
and will end in February 2017 unless renewed. Our Company
acquired a stake of 80% in this company. Under this project
we introduced a mix of small and standard buses with an
objective to enhance transport penetration and reach in
the city of Nagpur. We derive revenue from this project
primarily through receipts from sales of bus tickets.
- Thiruvananthapuram
City Roads (Phase I)
We are developing roads with an aggregate length of approximately
158 Lane kms in Thiruvananthapuram city in the State of
Kerala in three phases — Phase I, Phase II and Phase
III. We completed Phase I in November 2006, which included
the development of approximately 51 Lane kms. The concession
for this project was awarded to us by the Kerala Road
Fund Board on a BOT (Annuity) basis for a period of 17.5
years (including an initial construction period of two
and a half years) which commenced in May 2004 and will
end in September 2024 for Phase I
- Ridcor
Phase I
This project included the development of two highway lanes
with an aggregate length of 2,106 Lane km and the improvement
of four corridors, connecting Phalodi to Ramji-ki-Gol,
Hanumangarh to Kishangarh, Alwar to Sikandra, Lalsot to
Kota, and Baran to Jhalwar in the State of Rajasthan.
The concession for this project was awarded to our Promoter
by the Government of Rajasthan on a PPP (Toll) basis for
a period of 32 years (including a construction period
of two years) which commenced in January 2006.
- Hyderabad
ORR
Tukkuguda to Shamshabad section of Hyderabad Outer Ring
Road
This project included the development of an eight-lane
wide expressway with an aggregate length of approximately
152 Lane kms of the Outer Ring Road in Hyderabad in the
State of Andhra Pradesh. The concession for this project
has been awarded to us by Hyderabad Urban Development
Authority and Hyderabad Growth Corridor Limited on a BOT
(Annuity) basis for a period of 15 years, including an
initial construction period of two and a half years, which
commenced in November 2007 and will end in November 2022.
-
APEL
We have developed 328 Lane kms connecting Kotakatta bypass
to Kurnool on National Highway-7 in the State of Andhra
Pradesh. The concession for this project was awarded to
us by the NHAI on a BOT (Annuity) basis for a period of
20 years (including a construction period of two and a
half years), which commenced in October 2006 and will
end in September 2026.
- Beawar
Gomti Road
This project included the development of two lanes with
an aggregate length of approximately 248 Lane kms with
an option to construct a four lane highway on the Beawar
Gomti Highway connecting Beawar to Gomti in the State
of Rajasthan. The concession for this project was awarded
to us by the Department of Road Transport & Highways,
Government of India, on a DBFOT (Toll) basis for an initial
period of 11 years which is further extendable to 30 years
in case the company exercises the option to construct
a four lane highway on the stretch within seven years
from the appointed date.
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