IRB Infrastructure Developers, one of the largest BOT road developers in India, has emerged as a preferred bidder for the project of six Laning of Agra-Etawah Bypass section of NH-2 (from km 199.660 to km 323.525) in the state of Uttar Pradesh under NHDP Phase-V on BOT (Toll) mode. The estimated project cost of the company is approximately Rs 2,650 crore with construction period of 910 days. The concession period for the same is 24 years.
This project will expand the company’s base in 8th state viz. Uttar Pradesh and thereby it will aid the company’s geographic diversification of projects. Subject to award, IRB’s construction order book will stand to increase to approximately Rs 10,900 crore, to be executed in the next four years. This will boost the company’s construction order book visibility for next three to four year.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 3973.60 |
| Rail Vikas Nigam | 305.00 |
| NCC | 169.85 |
| KEC International | 598.10 |
| Kalpataru Projects | 1274.45 |
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