Airport and Energy Business Overview
Key Developments in Q4FY21 - T&UI
GAR
Highway Business
Hyderabad Vijaywada (HV) traffic increased by 16% YoY to 11.0 Mn in Q4FY21. On a QoQ basis, traffic increased.
by 4.6% in Q4 FY21.
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Per day avg. traffic volume decreased by 36% MoM in May'21 due to lockdown
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With easing of lockdown, traffic increased by 9% MoM in June'21 (until 13th June'21)
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Arbitral Tribunal had given the award in favour of HV. Delhi High Court has appointed retired Judge of Supreme
Court as Sole Arbitrator for quantification of claims. HV has raised a claim of INR 16.76 Cr plus interest upto
March 31, 2020. Sole Arbitrator in turn appointed an Independent Expert for quantification of claims
Traffic at GMR Ambala Chandigarh expressway (GACE) has been impacted due to farmer's agitation
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GACE declared Force Majeure (FM) under the Concession Agreement (CA) and has notified NHAI
- As per the CA, GACE is entitled to compensation for FM event by way of extension in concession period,
reimbursement of O&M cost etc.
Claim for FM to be filed once the exact impact of the event is determined
DFCC Business
Construction work has resumed from April 20, 2020 and is picking up pace.
~69% of package 201 and -82% of package 202 completed
Challenges faced
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Shortage of skilled manpower due to 2nd wave of pandemic that has affected the State of UP
Land handover and design approvals are lagging
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The Authority has extended the time lines for the completion of the project until March 2022
Humility | Entrepreneurship I Teamwork and Relationships I Deliver the Promise I Learning and Inner Excellence I Social Responsibility I Respect for Individual
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