Annual Report 2010-2011 - Gammon India

20
Public Private Partnership Projects
Mumbai Nasik Expressway
Limited (MNEL)
99.5 Km road stretch connecting
Vadape (towards Mumbai) and Gonde
(towards Nasik) on NH3.
Largest BOT road Project from NHAI
at the time of award.
Client: National Highway Authority
of India
Project Cost: ` 898 Crore
Concession Period: 20 years
MNEL has achieved COD for the
entire section of the project highway
by end May, 2011 and hopes to
commence tolling for the entire
stretch shortly.
Mumbai Nasik Expressway, Maharashtra
A NNUAL R EPORT I 2010/11
Rajahmundry Expressway
Limited (REL)
53 Km stretch of road in Andhra
Pradesh on National Highway 5.
Annuity Road Project.
Client: National Highway Authority
of India
Project Cost: ` 256 Crore
Concession Period: 17.5 years
The project has achieved commercial
operations date (COD) on September
20, 2004, 70 days ahead of schedule.
As of March 31, 2011, REL has received
12 annuities from NHAI (each semiannual
annuity amounting to
` 2961.9 Lakhs).
Andhra Expressway Limited
(AEL)
47. Km stretch of road in Andhra
Pradesh on National Highway 5.
Annuity Road Project.
Client: National Highway Authority
of India
Project Cost: ` 248 Crore
Concession Period: 17.5 years
The project has achieved commercial
operations date (COD) on October
30, 2004, 30 days ahead of schedule.
As of March 31, 2011, AEL has received
12 annuities from NHAI (each semiannual
annuity amounting to
` 2791.2 Lakhs).