IRB Infrastructure receives LoA for Yedeshi - Aurangabad section

IRB Infrastructure Developers has emerged as a preferred bidder and received Letter of Award (LoA) from NHAI for the project of four laning of Yedeshi - Aurangabad section of NH-211 from km 100.000 to km 290.200 (Design Length 190 km) in the state of Maharashtra to be executed as BOT (Toll) on DBFOT Pattern under NHDP Phase - IV. The project is on DBFOT pattern and the estimated cost is approximately Rs 3,200 crore. The concession period is 26 years while construction period is 910 days. The company has sought Rs 558 crore as viability gap funding from NHAI. IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.