Wednesday 7 May 2014

IRB Infrastructure receives LoA for four laning of Kaithal - Rajasthan Border Section

IRB Infrastructure Developers has emerged as a selected bidder and received Letter of Award (LoA) 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 is on DBFOT Pattern and the estimated project cost is approximately Rs 2,300 crore. The concession period for the same is 27 years and the construction period is 910 days. The company has sought Rs 234 crore viability gap funding from NHAI. With this Project, the company has expanded its base in seventh state viz. Haryana.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.

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