DBL Highway Project: Report and Recommendation of the President
Report and Recommendation of the President to the Board of Directors Project Number: 53376-001 December 2020 Proposed Loan DBL Anandapuram Anakapalli Highways Private Limited DBL Highway Project (India) This is a redacted version of the document approved by ADB's Board of Directors, which excludes information that is subject to exceptions to disclosure set forth in ADB's Access to Information Policy. CURRENCY EQUIVALENTS (as of 6 October 2020) Currency unit – Indian rupee/s (₹) ₹1.00 = $0.01366 $1.00 = ₹73.2165 ABBREVIATIONS ADB – Asian Development Bank BOT – build-operate-transfer COVID-19 – coronavirus disease E&S – environmental and social EHS – environment, health, and safety EPC – engineering, procurement, and construction DBL – Dilip Buildcon Limited DBLAAHPL – DBL Anandapuram Anakapalli Highways Private Limited HAM – hybrid annuity model km – Kilometer MORTH – Ministry of Road Transport and Highways NHAI – National Highways Authority of India O&M – operation and maintenance PAP – project-affected person PIM – price index multiple ROW – right of way SCA – social compliance audit NOTES (i) The fiscal year (FY) of DBL Anandapuram Anakapalli Highways Private Limited ends on 31 March. “FY” before a calendar year denotes the year in which the fiscal year ends, e.g., FY2020 ends on 31 March 2020. (ii) In this report, “$” refers to United States dollars. Vice-President Ashok Lavasa, Private Sector Operations and Public–Private Partnerships Director General Michael Barrow, Private Sector Operations Department (PSOD) Deputy Director Christopher Thieme, PSOD General Director Shantanu Chakraborty, Infrastructure Finance Division 1 (PSIF1), PSOD Team leader Mayank Choudhary, Principal Investment Specialist, PSIF1, PSODa Team members Genevieve Abel, Principal Transaction Support Specialist (Integrity), Private Sector Transaction Support Division (PSTS), PSOD Keshari Agrawal, Investment Specialist, PSIF1, PSODa Ian Bryson, Senior Safeguards Specialist, PSTS, PSOD Ulritz Uzein T.
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