Project Details Project Details

Project Name
Development of multilevel car parking on 0.6 acres of land at Nungambakkam
Project Brief
The project involved development of multilevel car parking with seven floors for exclusive parking of 249 cars and lift operated roof top parking for 230 two wheelers at Wallace Garden Ist street, Nungambakkam, Zone 9 in Chennai.
Sector
Transport
Sub-Sector
Urban public transport (except rolling stock)
Project Capacity
Not Available
Location The geographical location of the project
Tamil Nadu
Type of PPP Variant of PPP model adopted for implementation of the project
Design-Build-Operate-Transfer (DBOT)
Project Status
Operation and Maintenance Stage
Concession Duration (In Months)
240
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
Greater Chennai Corporation
Project Concessionaire The name of the concessionaire appointed for the project
Name Of Concessionaire
Apollo hospital Enterprises-Marg Limited
Project Timelines
Concession Agreement Signing Date The date on which the concession agreement is signed
24-Mar-2009
Financial Closure Date The date on which the conditions precedent to the initial availability of funds under the Financing Agreements are fulfilled
Not Available
Appointed Date
Not Available
Construction Completion Date (as per Concession Agreement)
21-Sep-2012
Construction Completion Date (Actual) Actual Construction completion date
15-Jul-2015
Date to Start of Commercial Operation (as per Concession Agreement)
21-Sep-2012
Date to Start of Commercial Operation (Actual) Actual start date for commercial operation
15-Jul-2015
Concession End Date (as per Concession Agreement) The envisaged date of end of concession period as per the concession agreement
23-Mar-2027
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
38.00
Project Cost (Revised) in Rs Crore The project cost, if different from the cost as per the concession agreement
35.00
Project Cost (Actual) in Rs Crore Actual cost of the project
43.00
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* - Updated status for the project is not available.