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IRB Infrastructure Developers bags road project from NHAI

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Capital Market
Last Updated : May 07 2014 | 11:55 PM IST

Project cost worth Rs 2300 crore

IRB Infrastructure Developers announced that the Company has emerged as a selected bidder and received Letter of Award from NHAI for the project of Four Laning of Kaithal - Rajasthan Border Section of NH-152/65 from km 33.250 to km 241.580 (Design Length 166 km) in the State of Haryana to be executed as BOT (Toll) on DBFOT Pattern under NHDP Phase - IV (the Project).

Key highlights of the Project are as under:

- The Project is on DBFOT Pattern

- The estimated project cost of the Company is approximately Rs 2300 crore;

- The concession period for the same is 27 years;

- Construction period is 910 days.

More From This Section

- IRB has sought Rs 234 crore Viability Gap Funding from NHAI

- With this Project, IRB expands its base in 7th state viz. Haryana

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First Published: May 07 2014 | 9:25 AM IST

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