IRB Infrastructure Developers has received Letter of Award (LoA) from NHAI 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 with length of approximately 90 Kms. The estimated project cost of the company is approximately Rs 1,530 crore. 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.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.