CUSTOMER SATISFACTION
VALUE CREATION
NATION BUILDING
Gayatri Lalitpur Roadways Limited is an SPV incorporated for the purpose of Design, Construction, Development, Finance, Operation and Maintenance of km 49.700 to km 99.005 covering 49.305 km of National Highway No. 26 (NH-26) in the state of Uttar Pradesh. The Concession Agreement was signed with NHAI in Sept 2006 and Concession was granted for 20 years (2.5 Years Construction Period and 17.5 Years Operations Period). NHAI will pay the SPV a Semi-Annual Annuity of Rs. 23.95 Crores during the operations period (per annum the annuity is Rs.47.90 crores).
Final COD : The final completion certificate is issued by the indipendent consultant vide their letter dated 13th Novermber, 2017. The final completion date is 19th March, 2012
Major Maintenance Work : 1st Major Maintenance Work was completed in June, 2017 and completion certificate in this regard is issued by independent consultant.
Project Details | Location | |
Project Linking | From km 46.1 on NH26 to Lalitpur at km 94 on NH26 | |
Granting Authority | National Highways Authority of India | |
State | Uttar Pradesh | |
Project Length(km) | 50 | |
Concession Period | 20 Years | |
Concession Ends | 31st March, 2027 | |
Toll/Annunity | Annuity | |
Semi Annuity Post COD (Rs:Cr) | 23.95 | |
Scope Of Work | 2 to 4 laning | |
GHL Stake | 51% | |
CA Signing Date | 29 Sept 2006 | |
Appointed Date | 1 Apr 2007 | |
PCOD | 31 July 2010 | |
Project Cost (Rs Crores) | 297.00 | |
Equity(Rs.Crores) | 60.00 | |
Senior Debt (Rs.Crores) | 230.02 | |
Sub Debt (Rs.Crores) | 18.71 | |
Grant (Rs.Crores) | - | |
Annuity per annum (Rs.Crores) | 47.90 | |
Current status | Operational, generated Annuity Revenue of Rs.47.90 Crores in FY17 |