IRB Infra Bags Six Laning of Highway Project in Rajasthan

NewsVoir | 12 Dec, 2016
IRB Infrastructure Developers Ltd. (IRB), Indiaâs 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 â 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, âWe 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.â

Key highlights of the Project are as under

    The project length is 90 Kms.

    The Project is on DBFOT principles, under NHDPâs 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, IRBâs construction order book will stand to increase to approximately Rs. 11,061 crores. This will boost Companyâs construction order book visibility for next three to four year.

About IRB Infrastructure Developers Ltd.

IRB Infrastructure Developers Ltd. (IRB) is Indiaâs 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 Indiaâs 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.