The Project - Financial Progress
The Revised Total Landed Cost of the project inclusive of the preoperative expenses (including syndication fees, upfront fee to Lenders, insurance premium, SPV establishment charges etc.), preliminary cash balances and interest during construction works out to Rs.355 crores.
The approximate expenditure on the project so far (30th June 2011) has been Rs 276.60 Crores including Rs 176.65 Crores on Civil Engineering, Rs 19.46 Crores on Signal & Telecom, Rs 52.33 Crores on Electrical works, Rs 21.57 Crores on Financing and Rs 8.82 Crores on Advances to RVNL.