home    sitemap
About us Sectors Projects In Press Invitation to bid Downloads Careers Knowledge Centre Contact us


Assignment Name: Development & Implementation of Gujarat Toll Roads – Vadodra-Halol and Ahmedabad-Mehsana

Country: India

Location within Country: Gujarat

Narrative Description of Project:

This assignment consists of developing from the concept stage to implementation of projects to:

  1. Link Vadodara with the industrial township in Halol and
  2. Link Ahmedabad with the industrial township at Mehsana

The projects include taking over an existing road, widening and strengthening the same and constructing bridges, underpass, etc. Furthermore, the projects provide for free use service lanes beside the toll road, for local traffic movement

For these projects, IL&FS is acting as project sponsor, developer and investment banker to the project. The assignment-involved project scoping, structuring, technical feasibility, negotiation of concession agreement, bid documentation and award of contract, financial plans and fund mobilization.

Services Provided:

The scope covers comprehensive transaction advisory services including commercial, financial and legal advice. The services rendered included, but are not limited to:

  Feasibility: Development of technical feasibility through rigorous traffic modelling, pricing studies, detailed engineering studies, environmental and social assessment and environmental and social management plans.
Implementation: The Projects were implemented by IL&FS through Special Purpose Vehicles (SPV) formed for the Projects (Ahmedabad-Mehsana Toll Road Company Ltd. and Vadodara Halol Toll Road Company Limited.) Presently, These SPVs have been merged into Gujarat Road and Infrastructure Company Ltd.
Financial Advisory: Evaluation of possible funding options and optimal mix of private and public sector ownership.
Regulatory and Legal Framework: This Concession Agreement has been used by the State Govt. as a model for all other private sector BOT/BOOT projects in Gujarat. IL&FS advised the State Government, to suitably modify the Indian Tolls Act- Gujarat State IL&FS was also involved in the process of creating the State Road Policy for Gujarat, which is now a model policy amongst other Indian States.



Copyright 2017 IIDC Limited Disclaimer  |  Privacy Policy Website designed by www.stercodigitex.com