Milestones as per Concession Agreement



Download 54.01 Kb.
Date conversion26.11.2017
Size54.01 Kb.
Project Brief

The Government of India had entrusted to the NHAI for development, maintenance of National Highway No.9 section from Km 40.000 to Km 144.400. The Authority had accordingly short listed the consortium comprising M/S TRIL Roads Private Limited (Formerly known as Navinya Buildcon Ltd) and M/S Atlantia S.P.A for four laning of Pune Solapur section of NH-9 under NHDP phase III on DBFOT basis.



The consortium has since promoted and incorporated the concessionaire as a limited liability company under companies act 1956 i.e. Pune Solapur Expressways Private Limited (PSEPL). The Concessionaire has appointed TRIL Roads Pvt. Ltd as Project Management Consultant (PMC) which in turn has entrusted the responsibility to Egis India Consulting Engineers Pvt. Ltd. to provide consultancy services for the said project.


Project Summary

Title of the Project : Design, Engineering, Construction, Development,

Finance, Operation And Maintenance Of 4 Laning The Existing 2 Lane Section From Km40+000 to Km.144+400 (NH 9) On DBFOT Basis.

Name of the Client : M/S National Highways Authority of India

Length of the Project : 110.200 Km

Concessionaire : M/S Pune Solapur Expressway Private Limited

Independent Consultants : M/S Renardet S.A.

Project Management Consultant : TRIL Roads Pvt. Ltd with

Egis India Consulting Engineers Pvt. Limited, Hyderabad.

Design Consultant : Consulting Engineers Group, Jaipur.

Project Cost : Rs.1371.00 Crores

Date of Concession Agreement : 19th May 2009


Concession Period : 21 Years

Date of commencement : 14th November 2009


Construction Period : 910 Days

Commercial Operation Date : 12th May 2012


Milestones as per Concession Agreement

S. No

Description

Date

Date of achievement

1

Financial Closure

14.11.2009




2

Milestone – 1 (180 days from appointed date) 10%

13-05-2010

13.05.2010

3

Milestone – 2 (400 days from appointed date) 35%

19-12-2010

06-May-2011*

4

Milestone – 3 (650 days from appointed date) 70%

26-08-2011

**

5

Commercial Operation Date (910 days from appointed date) 100%

12-05-2012





The database is protected by copyright ©ininet.org 2016
send message

    Main page