Others

Pnc Infratech Ltd - Intimation On Achievement Of Financial Closure Of PNC Infratech LimitedS Hybrid Annuity Mode (HAM) Project

| Updated on February 14, 2019 Published on February 14, 2019

PNC Infratech Limited (the Company) is pleased to inform you that PNC Triveni Sangam Highways Private Limited, Companys wholly owned subsidiary has received the Financial Closure letter dated 14th Feb 2019 from National Highways Authority of India.
Details of the project, as already shared with the exchange are:
Name of SPV and Project Bid Project Cost
(Rs. In Crores) Construction and Concession Period Date of Financial Closure
SPV : PNC Triveni Sangam Highways Private Limited

Project :Six-laning of Chakeri Allahabad section of NH-2 (from km 483.687 to km 628.753) in the state of Uttar Pradesh under NHPD Phase-V 2159.00 Construction Period : 20-Sep-18
910days

Concession Period including Construction Period :
17.5 years

With this, the Company has achieved Financial Closure for all its 7 (seven) Hybrid Annuity Model projects and no Financial Closure is pending as on date.

Pdf Link: Pnc Infratech Ltd - Intimation On Achievement Of Financial Closure Of PNC Infratech LimitedS Hybrid Annuity Mode (HAM) Project

Source : BSE - www.bseindia.com

Published on February 14, 2019
This article is closed for comments.
Please Email the Editor