SME Times is powered by   
Search News
Just in:   • Petrol, diesel prices unchanged for fifth day in a row  • Tata Group's ready-to-eat food arm to scale up biz  • Banks sanction Rs 1.10L cr loan to MSMEs  • Interest on late payment to MSMEs for GeM purchase: FM  • Jio killer app serves Rs 13,500 p.a. spoiler on Zoom party 
Last updated: 12 Dec, 2016  

IRB Infra Bags Six Laning of Highway Project in Rajasthan

NewsVoir | 12 Dec, 2016
IRB Infrastructure Developers Ltd. (IRB), India’s leading and the largest infrastructure developers in BOT space in Roads and Highways sector has emerged as a preferred bidder for the project of Six Laning of Kishangarh – Gulabpura Section of 90 Kms length in Rajasthan on NH-79 and NH-79A.

 

Commenting on the development, Mr. Sudhir R. Hoshing, Joint Managing Director, IRB Infrastructure Developers Ltd., said, “We are committed to develop the world class roads and highways infrastructure for our nation to facilitate development agenda set by the Govt. of India. Winning these projects is testimony for domain expertise and rich experience we have with us. We would continue to strive for excellence in the sector to grow further.” 

 

Key highlights of the Project are as under

    The project length is 90 Kms.

    The Project is on DBFOT principles, under NHDP’s Phase V (Package - I).

    The concession period of the project is 20 years.

    The Company will get tolling rights on Project from the Appointed Date

    The Company offered premium of Rs. 186.30 Crores to NHAI.

 

Once received LoA from the NHAI for the project, IRB’s construction order book will stand to increase to approximately Rs. 11,061 crores. This will boost Company’s construction order book visibility for next three to four year.

 

About IRB Infrastructure Developers Ltd.

IRB Infrastructure Developers Ltd. (IRB) is India’s leading and the largest integrated private infrastructure developer in roads and highways sector.   

 

At present, Company operates and maintains 11,278 lane Kms of roads and highways with the largest share of 17.25% in India’s most ambitious and prestigious Golden Quadrilateral Project.

 

As on date the Company is maintaining roads and highways assets worth Rs.33000 Crores.

 

Once awarded, Company will have 23 projects under BOT space with 15 operational.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 05 Jul, 2020
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(3)
» Govt. approves subsidy for 2,221 cold storages(1)
» China's forex reserves reach USD 2.85 trillion(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter