MoneyWorks4Me

IRB Infrastructure bags project worth Rs 2,100 crore from NHAI

01 Aug 2016 Evaluate

IRB Infrastructure Developers, one of the largest BOT road developers in India, has emerged as a preferred bidder for the project of six laning from Udaipur to Rajasthan/Gujarat Border i.e. from km 287.400 to km 401.200 section of NH-8 in the states of Rajasthan & Gujarat (approximately length 113.800 km) on DBFOT (Toll) under NHDP Phase V (package-V).

The estimated project cost of the company is approximately Rs 2,100 crore, the concession period for the same is 21 years including construction period of 910 days. Subject to award, IRB’s construction order book will stand to increase to approximately Rs 10,000 crore, to be executed in the next four years.

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




Peers
Company Name CMP
Larsen & Toubro 3819.50
Kalpataru Projects 1390.30
NCC 135.00
Rail Vikas Nigam 197.10
KEC International 397.60
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