We wish to inform that the development of Four Laning of Highway from Baleshwar  to Kharagpur section of NH-60 from Km 0.000 to Km 119.300 in the State of Orissa and West Bengal (“the Project”) awarded by the National Highways Authority of India to Baleshwar Kharagpur Expressway Limited (BKEL), a wholly owned subsidiary of the Company has been completed. The Authority has issued Completion Certificate dated March 5, 2016 effective December 26, 2015.

The Project is on a Toll basis with a concession period of 24 years including construction period of 2.5 years.