Business Standard

IRB Infrastructure Developers receives LoA for road project in Uttar Pradesh

Image

Capital Market
IRB Infrastructure Developers has emerged as the selected Bidder for the Project of Development of Access Controlled Six Lane (Expandable to Eight Lane) Greenfield 'Ganga Expressway' [Group-I, from Km 7+900 (Village: Bijoli, DisH: Meerut) to Km 137+600, (Village: Nagla Barah, DisH: Budaun), Design length 129.700 Km] in the State of Uttar Pradesh on DBFOT (Toll) basis under PPP and have received Letter of Award (LOA) dated 16 December 2021 from Uttar Pradesh Expressways Industrial Development Authority (UPEIDA).

Project length - 129.7 km
Project cost - Rs 6555 crore

The total order book of the Company now stands at Rs. 19,210 crore including construction order book of Rs. 12,677 crore - providing revenue visibility of next three years.

 

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 17 2021 | 5:27 PM IST

Explore News