Latest News | IRB Infrastructure Developers Arm Executes Concession Agreement with NHAI
Get latest articles and stories on Latest News at LatestLY. IRB Infrastructure Developers on Friday said its wholly-owned subsidiary Samakhiyali Tollway Private Ltd has executed concession agreement with NHAI for Samakhiyali Santalpur Build, operate, transfer (BOT) project in Gujarat.
New Delhi, May 12 (PTI) IRB Infrastructure Developers on Friday said its wholly-owned subsidiary Samakhiyali Tollway Private Ltd has executed concession agreement with NHAI for Samakhiyali Santalpur Build, operate, transfer (BOT) project in Gujarat.
In a statement, the company said it is a 6-lane project of 90.90 kilometres stretch on NH27 with the cost outlay of project is Rs 2,132 crore.
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The project has concession period of 20 years from appointed date, including 2 years construction period, it added.
IRB Infrastructure Developers Ltd (IRB) Integrated Infrastructure player in the highways segment has an asset base of over Rs 70,000 crore in 11 states across the parent company and two InvITs.
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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)