OSE INVIT - ORIENTAL INFRATRUST

OSE INVIT – ORIENTAL INFRATRUST OSEPL, in June 2019, has set up an Infrastructure Investment Trust (InvIT), as per extant SEBI regulations, under the name of Oriental InfraTrust and transferred five operating road assets having length of ~ 631 km to the same. Out of the five assets, 4 are toll roads and one is an annuity project with a fixed annual annuity payment from NHAI.
Post the private placement, Oriental Group holds 60.45% of the units of Oriental InfraTrust while financial investors including International Finance Corporation (member of the World Bank Group), Asian Infrastructure Investment Bank (multilateral development bank), DEG (Deutsche Investitions- und Entwicklungsgesellschaft is a Development Finance Institution and a subsidiary of KfW Group, Germany) and HEG (leading manufacturer and exporter of graphite electrodes) hold the balance 39.55%.
It is listed on National Stock Exchange. Fair Value of all InvIT assets as on 30th Sept 2021 is INR 13,970.30 Crore with NAV of INR 119.8 per unit. OSEPL is acting as Sponsor for the InvIT and Project Manager (for undertaking the O&M & Major Maintenance activities and ensuring compliance in line with the Concession Agreement). OIT Infrastructure Management Limited (Formerly known as Indian Technocrat Limited) is acting as an Investment Manager for managing funds/making distributions to unit holders.
ICRA and CRISIL have rated Oriental InfraTrust as AAA/Stable in 2021.

BOARD OF DIRECTORS

Mr. Sanjit Bakshi

(Director)
Leads OSEPL as a Director. During the last 11 Years, Mr. Bakshi has spearheaded the growth of BOT (Build, Operate, Transfer) portfolio of the company to a US$2.00 Bn asset base.

Mr. S S Kohli

(Independent Director)
Former CMD of India Infrastructure Finance Company Ltd. (IIFCL) for a period of four years i.e. from 2006-10.
Held position of Chairman and Managing Director of Punjab National Bank from 2000 to 2005.

Mr. Deepak Das gupta

(Independent Director)
Former NHAI Chairman from May 1997 to December 2002.
Retired IAS officer of the 1966 batch from the Haryana cadre.

Mr. Ajit M Sharan

(Independent Director)
IAS 1979 batch
Held a variety of senior assignments in the Govt. of Haryana as well as in the Govt. of India.

Mr. Ranveer Sharma

(Investor Director)
Mr. Ranveer Sharma is Managing Director at Vaillant Capital Partners, a specialist investment management and advisory firm. Previously, Mr. Sharma was Managing Director and India Head at UK based Eredene Capital PLC.

Board of Directors – Project Entity

Mr. Ranveer Sharma

(Investor Director)
Mr. Ranveer Sharma is Managing Director at Vaillant Capital Partners, a specialist investment management and advisory firm. Previously, Mr. Sharma was Managing Director and India Head at UK based Eredene Capital PLC.

Mr. Nikhil Dhingra

(Sponsor Director)
CEO of OTPL. Post Graduate from IIM – Bangalore and B. Tech Honors (Electrical Engineering) from NIT Kurukshetra. More than 17 Years of experience in consulting and Investment banking and Corporate leadership
As a former CEO, spearheaded ACME’s growth from 300 MW to 5 GW, making it the largest solar developer in India.
Read More About OSE InVit

Investor Map

Investor

Invit Assets

NAGPUR – BETUL (NH-69)

4-laning of Nagpur – Betul Section of NH-69 from Km 137 to Km 257 in the state of Madhya Pradesh and from Km 59.300 to Km 3.000 in the state of Maharashtra under NHDP Ph.-IV on Design, Build, Finance, Operate and Transfer (DBFOT) (Annuity) basis.

CLIENT: Nagpur – Betul
START DATE OF WORK: 20/01/2012
COMPLETION DATE OF WORK: 18/02/2015
VALUE OF WORK: INR 3515.00 Crores
Lanes : 4
STATUS : Completed

NAGPUR BYPASS (NH-7)

4-laning of Madhya Pradesh / Maharashtra Border to Nagpur Section of NH-7 from Km.652.000 (New Km.653.225) to Km.729.000 including construction of Kamptee-Kanhan Bypass and Nagpur Bypass and maintenance of already 4-laned section from Km.14.585 to Km.36.600 of NH-7 (Nagpur – Hyderabad Section) in the State of Maharashtra under NHDP Phase-II on Design, Build, Finance, Operate and Transfer (DBFOT) basis (Package No.: NS- 1/BOT/MH).

CLIENT: Nagpur Byepass
START DATE OF WORK: 03/04/2010
COMPLETION DATE OF WORK: 11/07/2012
VALUE OF WORK: INR 2520.21 Crores
Lanes : 4
STATUS : Completed

INDORE – KHALGHAT (NH-3)

Improvement, Operation and Maintenance including Strengthening and Widening of Existing 2-Lane Road to 4-Lane Dual Carriageway from Km.12.600 – Km.84.700 of NH-3 (Indore – Khalghat Section) in the State of Madhya Pradesh on Build, Operate and Transfer (BOT) basis.

CLIENT: Indore – Khalghat
START DATE OF WORK: 07/09/2006
COMPLETION DATE OF WORK: 20/08/2009
VALUE OF WORK: INR 773.65 Crores
Lanes : 4
STATUS : Completed

ETAWAH – CHAKERI (NH-2)

6-laning of Etawah – Chakeri (Kanpur) section of NH-2 from Km.323.475 to Km.483.687 in the state of Uttar Pradesh under NHDP Phase-V on Design, Build, Finance, Operate and Transfer (Toll) basis.

CLIENT: Etawah – Chakeri
START DATE OF WORK: 13/03/2013
COMPLETION DATE OF WORK: 30/11/2016
VALUE OF WORK: INR 2251.00 Crores
Lanes : 6
STATUS : Completed

HUNGUND – HOSPET (NH-13)

4-laning of Hungund – Hospet section of NH-13 from Km.202.000 to Km.299.000 in the state of Karnataka under NHDP Phase-III on Design, Build, Finance, Operate and Transfer (DBFOT) basis (Package No.: NHDP-III/NPT/KNT/06).

CLIENT: Hungund – Hospet
START DATE OF WORK: 18/09/2010
COMPLETION DATE OF WORK: 23/11/2012
VALUE OF WORK: INR 801.52 Crores
Lanes : 4
STATUS : Completed

Non Invit Assets

Biaora Dewas project

4-laning of BIAORA – DEWAS section of NH-3 from km 426.100 to km 566.450 in the State of Madhya Pradesh under NHDP Phase –IV to be executed in BOT (Toll) mode on DBFOT basis

CLIENT: Biaora – Dewas
START DATE OF WORK: 09/07/2016
COMPLETION DATE OF WORK: 22/07/2020
VALUE OF WORK: INR 1897.40 Crores
Lanes : 4
STATUS : Completed

Binjhabahal telebani project

Rehabilitation and Upgradation to 4-Laning of BINJHABAHAL to TELEBANI Section, Km 414.000 to Km 491.710 (Design Chainage Km 414.982 to Km 493.300) of NH-6 (New NH-49) in the State of Odisha under NHDP – IV, on Hybrid Annuity Mode

CLIENT: Binjhabahal – Telebani
START DATE OF WORK: 15/01/2018
COMPLETION DATE OF WORK: 11/07/2021
VALUE OF WORK: INR 1161.40 Crores
Lanes : 4
STATUS : Completed

Assets Under Development

Kallagam Karuppur meensurutti

Four Laning of Kallagam to Karuppur from Km 38+700 to Km 50+382 and Two laning with paved shoulders from Karuppur to Meensurutti from Km 50+382 to km 98+433 of NH-227 under Bharatmala Pariyojana(Residual Projects under NHDP Phase-IV) in the State of Tamil Nadu on Hybrid Annuity Mode

CLIENT: Kallagam – Karupur – Meensurutti
START DATE OF WORK: 23/04/2019
COMPLETION DATE OF WORK : 27/01/2022
VALUE OF WORK: INR 1071.00 Crores
Lanes : 2
STATUS : Completed

Poondiyankuppam - Sathanathapuram

Four Laning of 56.80 km. of POONDIANKUPPAM to SATTANATHAPURAM section of NH-45A in the State of Tamil Nadu under NHDP Phase-IV with an investment of Rs. 21.20 billion with 100% participation for National Highways Authority of India in March 2021.

CLIENT: Poondiyankuppam – Sathanathapuram
START DATE OF WORK: 17/02/2022
COMPLETION DATE OF WORK: 17/02/2024
VALUE OF WORK: INR 1982.00 Crores
Lanes : 4
STATUS : On Going

Kodangalur Edapalli

Six laning from KODUNGALLUR to EDAPALLY section of NH – 66 (old NH-17) from Design Ch. Design Chainage 397+750 (Ex. km 411.850) to Design Ch.423+780 (Ex. Ch. 343.330 of NH 47: Near 438.600 of NH 17) with an investment of Rs.16.17 Billion in the state of Kerala on Hybrid Annuity Mode under Bharatmala Pariyojana with 100% participation for National Highways Authority of India in December 2021.

CLIENT:Kodangalur Edapalli
START DATE OF WORK:–
COMPLETION DATE OF WORK :–
VALUE OF WORK:INR –
Lanes : 
STATUS :