Core Announcement – Order Details
Awarding Entity: National Highways Authority of India (NHAI)
Domestic/International Order: Domestic
Nature of Order/Contract: Construction of 4 lane elevated corridor including approaches from Old Pune Naka to Boramani Naka on NH-65 in Solapur City in the State of Maharashtra on Hybrid Annuity Mode (Km 0.050 to Km 9.710).
Order Value: INR 688.23 Crores (excluding GST)
Materiality Context: Not Specified
Execution Timeline: 24 Months construction period followed by 15 years Operation Period from COD (Commercial Operation Date)
Revenue Recognition / Billing Structure: Hybrid Annuity Mode (HAM) - Not Specified
Key Terms & Payment Milestones: Not Specified
Whether Related Party Transaction: No
Promoter Group Involvement: No promoter/promoter group companies have any interest in the entity that awarded the order
Financial Implication: Not Specified