General Announcement::Issuance of Letter of Intent to Award for RGIA Expansion

Issuer & Securities

Issuer/ Manager
GMR HYDERABAD INTERNATIONAL AIRPORT LIMITED
Securities
GMRHYDERABUS$350M4.25%N271027A - US36256WAA27 - 83DB
GMRHYDERABUS$350M4.25%N271027R - USY3004WAA00 - 83EB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
09-Aug-2018 21:25:43
Status
New
Announcement Sub Title
Issuance of Letter of Intent to Award for RGIA Expansion
Announcement Reference
SG180809OTHRO9NC
Submitted By (Co./ Ind. Name)
Anup Kumar Samal
Designation
Company Secretary
Effective Date and Time of the event
10/08/2018 00:00:00
Description (Please provide a detailed description of the event in the box below)
This is to inform that GMR Hyderabad International Airport Limited ( GHIAL or the Company ), incorporated under the Companies Act 1956, having its registered office at GMR Aero Towers, Rajiv Gandhi International Airport, Shamshabad, Hyderabad - 500 108, Telangana, India, operating Rajiv Gandhi International Airport ( RGIA ) is expanding terminal building, airside infrastructure and allied infrastructure to achieve 34 million annual passenger (MAP) throughput from the existing design capacity of 12 MAP.

In this regard, GHIAL has issued LOIA for construction of Terminal Building and Airside Infrastructure contracts, through international competitive bidding on L1 basis, to:

M/s Larsen & Toubro Limited for an amount of INR 30.28 Billion; and
M/s Megawide Construction Corporation for an amount of INR 9.80 Billion.

The above expansion works is expected to be completed in 42 months from the date of award.

Please take the same on record.

Attachments

Intimation to SGX by GHIAL wrt Terminal expansion 09Aug2018.pdf
Total size =46K