/NATIONAL HIGHWAYS AUTHORITY OF INDIA

PIU - BHOPAL (MP)Name of work: Four Laning of Obedullaganj Betul section of NH-69 from km 2.800 to 8.300 and from km 20.700 to km 137.000(approx. length 121.36 km) (excluding wild life sanctuary from km 8.300 to km 20.700) (Except Bypass from km 28.000 to km61.500 as Two Lane with paved shoulder) in the state of MP to be executed as BOT (Toll) project on DBFOT pattern under NHDPPhase III.

Contract Package: NHDP Phase-IIISection of NH : 69

Member:

State: Madhya Pradesh

CGM(HQ) :GM(HQ):

Sh. A. K. Singh (Project)

Sh. A.K. MishraSh. K. V. Singh

CGM/RO : Sh.Vishal Gupta

DGM/PD: Sh. M.L. Purbia27.06.2016

Length(Km) - 121.36

NH No. - 69

Funding - BOT (Toll) on DBFOT Pattern

Name of Contractor (Concessionaire in case of BOT/Annuity M/s Transstroy Obedullaganj-Betul Tollways Private Ltd.Project) -

Top Man: - Mr. Sridhar Cherukuri, Managing Director

Project in charge - Sh. Abhay Shankar Pandey, Dy. Vice President

Name of Supervision Consultants (IE in case of BOT/Annuity M/s Consulting Engineers Group Ltd. Jaipurproject) -

Name of Engineer with Contact Details - Shri N.J. Singh (Executive Director) (09810979825)

Coordinator - Mr. Rajesh Kumar Gupta

NHAI TPC (Rs. in Crore) 912 CroreCivil Construction Cost = Rs. 762Environmental Safe Guards = RS.3.7CroresTree Cutting +diversion of forest land = RS.21.50 CroresAfforestation = Rs. 10.00 Crores

- R&R Cost = Rs. 30.40 CroresShifting of Utility= Rs. 14.0 CroresLand Acquisition =Rs. 174.0 CroresTOTAL RS.253.6 Crores.

Concessionaire TPC Cost (Rs. in Crore) Total TPC = 982.95 CroreCivil Construction Cost = 818 CroreTotal EPC cost = 830.27 CrorePreliminary Expenses = 1.50 CroreAdministrative cost during construction = 2.50 CrorePre-bid and post bid advisory service= 1.50 CroreFinancial Cost = 8.28 Crore

- ICIIE charges = 9.12 CroreLLC, LIE, LlA, NHAI Auditor Charges = 1.60 CroreATM Investment and Toll equipment = 7.00 CrorePremium = 30.25 CroreTotal CAPEX excluding IDC = 892.02 CroreInterest During Construction = 90.93 CroreTotal CAPEX including IDC = 982.95 Crore

Date of award - 06.02.2012 (Aqreernent sicned on 30.04.2012)Date of Commencement - 07.02.2014Scheduled Date of Completion - 06.08.2016

Delay in completion(in month) - NA

Length completed - 3.708 km up to DBM level

Balance work - 117.66km

If terminated, Date of re-award - NA

New Date of Completion - NA

Track lay byes 5 Nos.(27.310 RHS, 72.500 Both Side, 106.380 LHS.- 115.582 RHS)

Toll Plaza - 02 Nos (36.800 & 100.280)

Bypass & realignment 3 Nos. (28.00 to 61.500,102.482 to 106.482 & 120082 to- 124.482)

Bus byes - 68 Nos.

Rest area - 02 Nos (27.254 RHS) and (160+380 LHS)

Major Junction - 19 Nos

Minor Junction - 167 Nos

VUP - 12 NosPUP - 12 Nos

Major Bridge - 6 Nos

Minor Bridge - 61 Nos

Box Culvert - 68 Nos

Pipe Culvert - 108 Nos

Flyover - 3 nos

ROB/RuB - 3+1 (4 Nos)

Length of Service Road - 21.78 km (including both sides)

IRR Equity IRR: 15.0%

-Project IRR: 13.0%Grant required: 42.81 % (Restricted to 40%) of the TPC

ISSUES:Lenqth affected due to Land Acquisition 0.24% (292 metres)l.enqth affected due to trees oLength affected due to Utility Shifting o

3 Nos. ROB-GAD Approved1 No. RUB-GAD under process for approval

ROB Status:

Published in Gazette of India vide SO. No. 3522 (E)dated 26.11.2013.

Fee Notification

NA

Statutory Auditor Approved by NHAI-HQ vide letter dated 23.09.2014

Likely Date of Substantial Completion

Milestone details

Project Milestone-I: Commencement of Construction and 10%expenditure (180th day from Appointed date) due on 05.08.2014, IEhas asked additional documents from Concessionaire. Achievementof Milestone-I has not been substantiated by the Concessionaireso far.

Project Milestone-II: Commencement of all bridges and 30%expenditure (400th day from Appointed date) due on 13.03.2015 anddue date after 90 days of grace period i.e. 11.06.2015, Milestone-IIis not achieved by Concessionaire,

Project Milestone-III: Commencement of all project facilities and 70%expenditure (65Oth day from Appointed date)due on 18.11.2015 and due date after 90 days of grace period i.e.16.02.2016, Milestone-III is not achieved by Concessionaire.

Milestone-I, II & III has not achieved by Concessionaire andcumulative penalty Rs. 62.92 Crore to be recovered fromConcessionaire up to 25.06.2016

Proaress: Year 2014-15Progress March 2014 April,2014 May, 2014 June, July, Aug, Sep, Oct, Nov. Dec. Jan, Feb. Mar,

2014 2014 2014 2014 2014 2014 2014 2015 2015 2015

TargetMonthly % 1.10% 3.65% 6.23% 6.41% 0.00% 0.00% 0.00% 1.20% 1.74% 2.13% 2.88% 4.07% 5.47%

Target Cumm.1.87% 5.52% 11.75% 18.16% 18.16% 18.16% 18.16% 19.36% 21.10% 23.23% 26.11% 30.18% 35.65%%

Monthly % 0.32 0.12 0.06 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.01 000 0.00

Cumulative %0.72 0.84 0.90 0.90 0.90 0.90 0.90 0.90 0.90 0.93 0.94 0.94 0.94

Financial (in60 5.00 5.00 5.00 5.00 5.00 0.00 0.00 0.00 0.00 0.00 3.00 0.00Rs. Crore)

CumulativeAmount 57 62.00 67.00 72.00 77.00 82.00 82.00 82.00 82.00 8200 117.00 120.00 120.00

~~

Progress: Year 2015-16

Progress April. 2015 May. 2015 June. 2015 July. 2015 Aug. sep, Oct. Nov. Dec. Jan. Feb. Mar.2015 2015 2015 2015 2015 2016 2016 2016

TargetMonthly % 7.00% 7.34% 7.62% 1.80% 1.80% 1.80% 3.26% 4.20% 4.20% 4.90% 4.84% 4.22%

Target Cumm.42.65% 49.99% 57.61% 59.41% 61.21% 63.01% 66.27% 70.47% 74.67% 79.57% 84.41% 88.63%%

Monthly % 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.08 0.06 0.05

Cumulative % 0.94 0.94 0.94 0.94 0.94 0.94 0.94 0.95 0.96 1.04 1.10 115

Financial (in0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Rs. Crore)

Cumulative 120.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00Amount

Progress: Year 2016-17

Progress April. 2016 May. 2016 June. 2016 July. 2016 Aug.2016

TargetMonthly % 3.91% 3.90% 2.52% 1.05%

Target Cumm.% 92.53% 96.43% 98.95% 100.00%

Monthly % 0.00 0.00 0.07

Cumulative %1.15 1.15 1.22

Financial (inRs. Crore) 0.00 0.00 0.00

CumulativeAmount 120.00 120.00 120.00

Note: The physical progress at site is 1.22% but Concessionaire has reported this expenditure on PPP PM IS monitoringtool. The concessionaire has not furnished details of expenditure. The expenditure reported in PM IS has not beensubstantiated by Concessionaire. The Concessionaire has withdrawn Rs. 482.96 Crore from Escrow Account up to14.06.2016.

Financial progress based on capital cost of Rs. 982.95 Crore

o Physical Progress (Cumulative) up to 22.06.2016o Financial Progress (Cumulative) up to 22.06.2016o Monthly asking rate for Physical Progress to achieve completion on scheduled date

of 06.08.2016o Monthly asking rate for Financial Progress

Considering capital cost of Rs. 982.95 Crore

1.22%12%79%

70%

Status of DBM & BC & PQC UD to 22.06.2016LHS I RHS

DBM 7.408 * DBM doneBC Nil I Nil Notes:POC Nil I Nil 1. The qualit

in parts in 2-lane width, not in continuous stretch

y of DBM is not acceptable. 12 Site instructions and 2 NCRs are issued by IE.2. Job MIx Formula for BC is not yet submitted by Concessionaire for review of IE.

Four lane completed:(in km)Year 201415-

April, May, June, July, Aug, Sep, Oct, Nov, Dec. Jan, Feb. Mar.2014 2014 2014 2014 2014 2014 2014 2014 2014 2015 2015 2015

Monthly Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil NilCumulative Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil Nil NilFour lane completed.(in km)

STATUS:

1. Status of Land Acquisition

657.534 104

Cumulative progress Pending LA works (in Heelf-__ --.-"'up'-"-'-o c..;Fe:.;;,b;.::ru"Tary.!-'•.::.20:...;1-,-6--.---+----,---,---,----1 % of Total length available for

Land in road development upPossessio to February, 2016(in

km)

1.637 1637 9975 121068

Total Landrequired (in Hee)

553.534(399.994Revenue Land 399.994+ 153.54 forest

land)

399.994 398.357 398.357 1.637 1.637

Status of Availability of Land to Concessionaire:- 99.76 % land is available for construction

2. Environmental Clearance:Environment Clearance obtained on 30.08.2013

3. Forest Clearance:1st Stage Forest Clearance obtained on 17.06.20132nd Stage Forest Clearance obtained on 23.07.2014.

4. ROBGAD for 1 ROB has been approved by WCR, Jabalpur on 23.08.2012.GAD for 2 ROBs has been approved by CR, Nagpur on 08.032013The Concessionaire is required to submit structural design and drawings as per approved GADs to Railway Authority. The signingof tripartite agreement is pending towards Concessionaire.

GAD for 1 RUB is to be reviewed for feasibility of new road through dry spans as per suggestion of Chief Engineer (Bridge), CR,Mumbai.

5. Utility Shifting:(i) 5 nos estimates for Electrical Lines up to 33 KV under MPMKWCL have been approved.(ii) 3 nos estimates for Hand PumplWater Pipe LinesfTube Well under PHED and Nagarpanchayat have been approved.(iii) Estimate for 10 Nos. EHV lines of 33-400 KV under MPPTCL have been approved by MPPTCL, Jabalpur vide letter dated30.04.2015(iv) Estimate for 33KV-400 KV lines under Power Grid is provided by Power Grid Corporation (PGC), Pathrota, Itarsi & proposedby PGC under deposit work.

7. Tree Cutting:- Permission for Tree Cutting h~s been obtained from collector Sehore, Hoshangabad & Betul.

Tree culling permission for district Raisen is to be obtained by Concessionaire.

8. Any other problems affecting progress or revised date of completion:Non-performance of Concessionaire due to cash flow problem.

Year 201516-April, May, June, July, Aug, Sep, Oct, Nov, Dec. Jan, Feb, Mar,2015 2015 2015 2015 2015 2015 2015 2015 2015 2016 2016 2016

1.5 km up 1.65 km up 0.554 km

Nil Nil10 DBM 10DBM uplo DBM

Monthly Nil Nil Nil Nil Nil Nil level level level 0.00

1.5 krn up 3.15km 3.704 km 3.704 km

10 DBM equivalent equivalent equivalent

level length of 4- length of 4- length of 4-

lane has lane has lane has

been done been done been done

up to DBM up to DBM up 10 DBMCumulative Nil Nil Nil Nil Nil Nil Nil Nil level (i.e level (i.e level (i.e

6.3 km. 2- 7.408 km. 2- 7.408 km.

lane width lane width) 2-lanein 35 width)

stretches)

Fourlane completed:(m km)Year 2016-17

April, May, June, July, Aug, Sep, Oct, Nov, Dec. Jan, Feb, Mar,2016 2016 2016 2016 2016 2016 2015 2016 2016 2017 2017 2017

Monthly 0.00 0.00 0.00Cumulative 3.704 km 3.704 km 3.704 km

equivalent equivalent equivalentlength of 4-lane length of 4-lane length of 4-has been done has been done lane has been

up to DBM level up 10 DBM done up to(i.e. 7.408 km, 2 level (t.e. 7.408 DBM level

lane width) km,2-lane (i.e. 7.408 km,

widlh) 2-1ane width)

Note: The quality of DBM IS not acceptable to IE and hence completed length has not been reported by IE

Status of Structures·ci 0) If) <ll"If)Z a." ~ .0 <ll

S. No. Description E o-ro E <ll OJ -.:.:.(5 0 2 - <.)<ll rof- 0 o, >--

1 Maier Bridoe 6 Nil Nil 62 Minor Bridqe 61 Nil Nil 613 Box Culvert 68 Nil Nil 684 Pipe Culvert 108 10 13 855 Flvover 3 Nil Nil 36 ROB/RuB 3+1 Nil Nil 3+17 Vehicular Underpass 12 Nil Nil 128 Pedestrian Underpasses

. 7 Nil Nil 79 Cattle underpass 5 Nil Nil 5

Detail of achievement & Delay of Milestones and Penalties

Milestone-I (on 180 days from appointed Grace period 90 days ended on To achieved (10% of total Delay (Days) Amount ofdate 07.02.2014) capital cost of financial damages(Not achieved) package i.e. Rs 98.295 Cr) calculated till

2506.2016 (Rs)

05.08.2014 03.11.2014 03.11.2014 690 314640000

Milestone-II (on 400 days from appointed Grace period 90 days ended on To achieved (30% of total Delay (days) Amount ofdated 07.02.2014) capital cost of financial damages

(Not achieved) package i.e. Rs 294.876 calculated tillCr.) and commencement 250616 (Rs)work of all bridges

13.03.2015 11.06.2015 11.06.2015 439 214320000

Milestone-III (on 650 days from appointed Grace period 90 days ended on To achieved (70% of total Delay.(days) Amount ofdated 07.02.2014) capital cost of financial damages

package i.e. Rs 688.044 calculated tillCr.) and commenced 2506.2016 (Rs)construction of all projectfacilities

18.11..2015 16.02.2016 16.02.2016 189 100320000

Total 629280000

NATIONAL HIGHWAYS AUTHORITY OF INDIAPIU-Bhopal

27.06.2016

PIU

State

NH

No.

Date of

length

(km.)

.•c::§oco.,QIa.E.3

." c:QI 0'to:;::.c.~'u 0-.., Ec: 0« u

Cost of Expenditure (in Crores)

19 20

Remarks

Cumulative Physical Progress(%)

Funded by

During

2012-13

During FY

2013-14

During FY

2014-15

During CFY During CFY

2015-16 2016-17

Cumm.

Expend .

Contractor and itsnationality

Supervision

Consultant and

nationality

Target in % Achieved in %

Contract

Stretch

MADHYA PRADESH

1 2

Bhopal 69 121.36

4 5

:;;oNNo

"o

6

~oN00ou;o

8

Nil

9 10

912 Cr.33 Crore

premium

11 13 14 15

63'

16 18

o 120'

21 I 22

1.22%

4-laning of

Obedullaganj

Betul Section ofNH-69

BOT (Toll) on

DBFOT PatternNA 57* o

Mis Transstroy

Obedullaganj-Betul

Tollways Private

Limited,8-3-833/104,

Main Kamalapuri

Colony, Hyderabad-

500073, Indian

Mis Consulting

Engineers Group Ltd.CEG Tower B-11

(G}.Malviya Industrial

Area,Jaipur - 302017

(Rajasthan) INDIA,

Indian

98.95%

• The physical progress at site is 1.22% but Concessionaire has reported this expenditure on PPP PMIS monitoring tool but concessionaire has not furnished details of expenditure. The expenditure reported in PMIS has not been substantiated by Concessionaire. TheConcessionaire has withdrawn Rs. 482.96 Crore from Escrow Account up to 25.06.2016.

National Highways Authority of IndiaPIU Bhopal

Name of work: Four Laning of Obedullaganj Betul section of NH-69 from km 2.800 to 8.300 and from km 20.700 to km 137.000 (approx. length 121.36 km) (excluding wild life sanctuaryfrom km 8.300 to km 20.700) (Except Bypass 28.000 to km 61.500 as Two Lane with paved shoulder) in the state of MP to be executed as BOT (Toll) project on DBFOT pattern under NHDP

Schedule of Complete Section (Targets)27062016

StateTotal

Date ofDate of Date of Completed

Sr. No. Stretch NHNo. length (In Funded bV Completion as anticipated length up to Category Apr-16 May-16 Jun·16 Jul·16 Aug-16 Sep-16 Oct·16 NQv·16 Dec·16 Jan-17 Feb·17 Mar-17 TotalName

Km.)Start

per Contract Completion Mar, 2015

4·laning ofMadhya

BOT (Toll)NHDP Phase-

1 Obedullaganj Betul 69 121.36 on DBFOT 07th Feb.14 06.08.2016 06.08.2016 Nil 0 0 5' 0 3.5" 0 0 0 0 0 0 0 8.5Pradesh III

Section of NH-69 Pattern

Note: The schedule of completion is mentioned in month wise kilometre length of project

·Concessionaire committed to complete one side 10km road by the end of 30th June 2016 and 7km road by the end of August 2016 in meeting at NHAI-HQ dated 23.05.2016.

National Highways Authority of IndiaPIU Bhopal

27.06.2016

Staternent-f : Physical Target for the Financial Year 2016-17Length 2016-17 (in kms.)

S.No Project Length completed Total in financial yearDescription (in Km) upto Mar 2016-17

2016 (in Km) April-16 May-16 June-16 July-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17

Four Laning of Target 0 0 5' 0 3.5' 8.8Obedullaganj- 3.704 km

Betul Section of equivalentNH-69 length of 4-

lane has1 121.36 been done

up to DBM Achieved 0 0 0 0level (i.e.

7.408 km, 2-lane width)

Note: The quality of DBM is not acceptable to IE and hence completed length has not been reported by IE

*Concessionaire committed to complete one side 10km road by the end of ao" June 2016 and 7km road by the end of August 2016 in meeting at NHAI-HQ dated 23.05.2016.

Statement No. III 25.06.2016

National Highways Authority of IndiaPIU Bhopal

Pro ress of Land AcquisitionCumulative proqress Pendinq LA works (in Hec Remarks

Land already Total 0- 0- lengthTotal '" '" available for

SI. Length NHDP Date of Landin additional 0- 0- 0- ~ 0- 0- 0- ~ % ofTotal

road.Project NH. No. Possession land to be '" '" '" c: '" '" '" c: LandinNo. (in km) Phase Award required ~ ~ z, a ~ ~ ~ a development

acquired 'iji 'iji Possession(in Hec)

as on < c (!) V> < C (!) V> upto June,appointed dt. (Hec) M M M '" M M M '"V> '"V> V> 2016a aa.. a..

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19(i) The 1.985 hect. land for \he proposed

85.255toll plaza is to be acquired afterfinalization of location of toll plaza by

Two lane with86

(70.075 NHAI·HQ.1 paved shoulders of

(Extn.)53.775 III 21/05/2010 221.965 136.71 Revenue 68090 68090 68.090 68090 1.985 1.985 1.985 1.985 99.10% 53.755 (ii) Mutation done for acquired private

NH·86 (Ext) land + 15.18 land 50.402 hact. & for 5.860 hect. landForest land) mutation is under process with CALA

Raisen

(i) Mutation done for acquired 398.357

LOA 553.534 hact.land

Obedullaganj .06.02.2012 (399.994 (ii) Balance 1.637 hact. land is to be

2 69 121.36 III & agreement 657.534 104 Revenue 399.994 399.994 398.357 398.357 1.637 1.637 1.637 1.637 99.76% 121.068 identified for missing survey no. andBetul Section

sighned on land + 153.54 Draft proposal invited from CALA.

30.04.2012 forest land)