MoneyWorks4Me

IRB Infra emerges lowest bidder for 6 laning of Kishangarh to Gulabpura section

12 Dec 2016 Evaluate

IRB Infrastructure Developers has emerged as a preferred bidder for the project of six laning of Kishangarh to Gulabpura section of NH 79A and NH 79 in the State of Rajasthan (length 90.000 km) on DBFOT (Toll) under NHDP Phase V package - I Project. The project is on DBFOT pattern and the project length is approximately 90 kms.

The concession period of the project is 20 years including construction period of 910 days. The company will get tolling rights on project from the appointed date. The company has offered premium of Rs 186.30 crore to NHAI in terms of the concession agreement. With this order, the company's construction order book stands at around Rs 11061 crore.

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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