Omaxe - Ganga Expressway Project

Omaxe Ltd has informed that the Company has, through a Consortium comprising of the Company, M/s. GVK Power & Infrastructure Ltd and M/s. Nagarjuna Construction Company Ltd, submitted an application with Department of Infrastructure Development, Government of Uttar Pradesh in regard to development of 8-Lane Access Controlled Expressway Project from
Greater Noida to Ghazipur —Ballia (Contract Package nos. 1,2,3,& 4) to be executed as BOT (Toll) project on DBFO Pattern under "Ganga Expressway Project" in the State of Uttar Pradesh.

Brief details of the "Ganga Expressway Project" are as under:

The 8-lane access controlled expressway would involve an estimated total construction cost of the order of Rs 30,000 Crores and will cover a total of 1047 kilometers. The project is proposed to be executed in Special Purpose Vehicle on Design, Build, Finance and Operate model by collection of toll in the concession period which is of 35 years and then transfer assets to Government of State of Uttar Pradesh.

The construction of the project has been divided into four phases as follows:

- Greater Noida to Fatehgarh (Link-I) of total 253 kms with an indicative value of contract of Rs 7631 Crores.

- Fatehgarh to Dalmau (Link-2) of total 305 kms with an indicative value of contract of Rs 8012 Crores.

- Dalmau to Aurai (Link-3) of total 211 kms with an indicative value of contract of Rs 6124 Crores.

- Aurai to Ballia of total 278 kms with an indicative value of contract of Rs 8025 Crores.