Project Details Project Details

Project Name
Multilevel Parking (Chotta Shimla) Project
Project Brief
The project involved development of greenfield multilevel parking of 250 ECS (250 cars) at Chotta Shimla in Shimla district.
Sector
Transport
Sub-Sector
Urban public transport (except rolling stock)
Project Capacity
250.0 ECS
Location The geographical location of the project
Himachal Pradesh
Type of PPP Variant of PPP model adopted for implementation of the project
Design-Build-Finance-Operate-Transfer (DBFOT)
Project Status
Operation and Maintenance Stage
Concession Duration (In Months)
360
Bid Parameter Criteria adopted for award of project
Annuity
Government/Non Government A government project pertains to project implemented either through traditional procurement mode or through PPP mode. A non-government project pertains to a project implemented solely by private sector
Government
Any Other Information
Not Available

Project Authority Name of the government agency that is the Concessioning Authority for the project
Name Of Authority
Shimla Municipal Corporation
Project Concessionaire The name of the concessionaire appointed for the project
Name Of Concessionaire
M/s P.K. Construction Co. Khalini, Shimla
Project Timelines
Concession Agreement Signing Date The date on which the concession agreement is signed
12-Oct-2010
Financial Closure Date The date on which the conditions precedent to the initial availability of funds under the Financing Agreements are fulfilled
23-Oct-2012
Appointed Date
15-Dec-2012
Construction Completion Date (as per Concession Agreement)
14-Dec-2013
Construction Completion Date (Actual) Actual Construction completion date
07-Apr-2016
Date to Start of Commercial Operation (as per Concession Agreement)
14-Dec-2013
Date to Start of Commercial Operation (Actual) Actual start date for commercial operation
07-Apr-2016
Concession End Date (as per Concession Agreement) The envisaged date of end of concession period as per the concession agreement
11-Oct-2040
Concession End Date (Actual) Actual end date of the concession
Not Available
Project Grant
Type Of Grant
Not Applicable
Grant Amount in Rs Crore
Not Available
Project Cost
Project Cost (as per Concession Agreement) in Rs Crore
11.68
Project Cost (Revised) in Rs Crore The project cost, if different from the cost as per the concession agreement
Not Available
Project Cost (Actual) in Rs Crore Actual cost of the project
20.00
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* - Updated status for the project is not available.