IRB Infrastructure Developers’ wholly-owned subsidiary - Kishangarh Gulabpura Tollway has executed concession agreement with NHAI for the project of Six laning of Kishangarh to Gulabpura section of NH-79A and NH-79 in the State of Rajasthan (Length 90.000km) on DBFOT (Toll) under NLIDP Phase-V Package-1 (the Project).
The project is on DBFOT pattern. The estimated project cost is approximately Rs 1530 crore and the concession period is 20 years including construction period of 910 days. The company has offered premium of Rs 186.30 crore to NHAI and the premium payment will commence after three years from the Appointed Date in terms of the Concession Agreement.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
Company Name | CMP |
---|---|
Larsen & Toubro | 3499.10 |
Rail Vikas Nigam | 284.05 |
KEC International | 751.25 |
Kalpataru Projects | 1240.95 |
NCC | 245.55 |
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