IRB Infrastructure Developers, one of the largest BOT road developers in India, has received Letter of Award (LoA) from NHAI 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 8 state viz. Uttar Pradesh and thereby it will aid the company’s geographic diversification of projects.
With this project, the company’s construction order book has increased to Rs 10,770 crore, to be executed in the next three to four years. This will boost the company’s 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.
