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IRB Infrastructure Developers' arm enters into concession agreement with NHAI

23 Jun 2014

Kaithal Tollway, wholly-owned subsidiary of IRB Infrastructure Developers, has executed concession agreement with NHAI for the project of Four Laning of Kaithal - Rajasthan Border Section of NH-152/65 from km 33+250 (Design Km- 0.500) to km 241+580 (Design Km 165.759) in the State of Haryana to be executed as BOT (Toll) on DBFOT Pattern under NHDP Phase - IV.

IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles. The company has posted a rise of 133.71% in its net profit at Rs 115.78 crore for the quarter ended March 31, 2014 as compared to Rs 49.54 crore for the same quarter in the previous year.

Related IRB Infrastructure Developers Ltd. Links:

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