Investor Presentaiton
Highway Business - Key Developments
GAR
Hyderabad Vijayawada Project
Traffic 2% YoY to 11.2 Mn PCUs in Q4FY22. On a QoQ basis, traffic remained flat in Q4FY22
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On February 28, 2022, Sole Arbitrator has released his report on the claim quantification under
Change-in-Law and awarded gross claim of INR 16.7 bn
The report submitted by Sole Arbitrator was taken on record and the matter will be listed for
hearing before Delhi High Court
Ambala Chandigarh Project
Traffic was impacted due to farmer's agitation from 12-Oct-2020 until 14-Dec-2021
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Toll collection has been resumed on December 15, 2021 since the farmers' agitation called off
Declared Force Majeure (FM) under the Concession Agreement (CA) and has notified NHAI
As per the CA, SPV is entitled to compensation for FM event by way of extension in concession
period, reimbursement of O&M cost, etc.
Claim for FM (upto September 30, 2021) has been filed. SPV has received adhoc payment from
NHAI. Balance claim amount is under verification and is expected to be received in due course
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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