The cities that have the most influence on the traffic of this road are. Hyderabad and Mahbubnagar. â« Hyderabad is India's fourth largest city and one of its fastest.
SBI Macquarie Infrastructure Trust Investment in GMR Jadcherla Expressways Limited (GJEL) and Trichy Tollways Private Limited (TTPL)
SMIT Invests into GJEL and TTPL SMIT invests into 2 operating toll road companies SBI Macquarie q Infrastructure Trust ((“SMIT”)) and its co-investor Macquarie q SBI Infrastructure Fund (“MSIF”) ( ) have : ― acquired a 74% stake in GMR Jadcherla Expressways Limited (“GJEL”) for an investment of INR 1. 2,035million , ― executed binding transaction documents to acquire a 74% stake in Trichy Tollways Private Limited (“TTPL”) for an investment of INR 2,747 million1,2. GJEL and TTPL own operating toll roads located in the south Indian states of Andhra Pradesh and Tamil Nadu respectively.
1. Excluding transaction costs 2. Investment subject to customary closing conditions STRICTLY CONFIDENTIAL
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GJEL – Asset Snapshot p The road (Farukhnagar – Jadcherla) is part of the National Highway network (NH7). NH7 is the north-south corridor connecting Varanasi & Kanyakumari K k i The cities that have the most influence on the traffic of this road are Hyderabad and Mahbubnagar Hyderabad is India’s fourth largest city and one of its fastest growing. Key industries – IT and Pharmaceuticals Mahbubnagar is a rural district primarily focused on agriculture
Road Details Length (km)
58
Lanes
4
Concession start date
August 2006
Commercial Operations Date
Feb 2009
Concession end date
August 2026
Of the total concession period of 20 years, 13.5 years are currently g remaining
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TTPL – Asset Snapshot p TTPL owns the 94 km stretch between Ulundurpet and Padalur on National Highway 45 (NH-45). (NH 45).
Road Details L Length th (k (km))
93 9 93.9
Lanes
4
Concession start date
December 2006
Commercial Operations Date
September 2009
Concession end date
December 2026
The road has a 3 year operating history. Of the total concession period of 20 years, almost 14 years are currently remaining. The road was developed by the Indian business group Shapoorji Pallonji and IJM of Malaysia
Location of the road
Ulundurpet
Padalur Trichy STRICTLY CONFIDENTIAL
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