SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Government cancels Zozila Tunnel project contract awarded to IRB Infrastructure Developers

02 Mar 2016 Evaluate

IRB Infrastructure Developers has received communication from Ministry of Road Transport & Highways (MORT&H), Government of India, that they have decided to cancel the bid process for the Zozila Tunnel project and cancelled the said LoA awarded to the company without assigning any reasons.

The company had earlier in January received Letter of Award (LoA) from MORT&H for Construction, Operation and Maintenance of Zozila Tunnel including approaches on NH-1 (Srinagar - Sonmarg - Gumri Road) in the state of Jammu & Kashmir on Design, Build, Finance, Operate & Transfer (Annuity) basis.

IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.


IRB Infra.&Developer Share Price

21.84 -0.16 (-0.73%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4075.75
Rail Vikas Nigam 298.75
NCC 160.00
KEC International 584.40
Kalpataru Projects 1248.95
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×