Airports Business FY21 Highlights slide image

Airports Business FY21 Highlights

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 Q4FY21. - Per day avg. traffic volume decreased by 36% MoM in May'21 due to lockdown - With easing of lockdown, traffic increased by 9% MoM in June'21 (until 13th June'21) - 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 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 Shortage of skilled manpower due to 2nd wave of pandemic that has affected the State of UP Land handover and design approvals are lagging 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 30 30
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