IRB Infrastructure Developers has started partial toll collection at Solapur-Yedeshi Tollway from March 7, 2018. The Solapur - Yedeshi BOT Project implemented by wholly-owned SPV of the company - Solapur Yedeshi Tollway has been issued a Provisional Certificate by the Competent Authority.
The project is of Four Laning of Solapur to Yedeshi section of NH-211 from km 0.000 to km 100.000 (Design Length 98.717 km) in the state of Maharashtra to be executed as BOT (Toll) on DBFOT Pattern under NHDP Phase – IV.
The concession period of the project is 29 years including construction period of 910 Days and the cost of the project is Rs 1,492 crore. The company had bagged this Project on Viability Gap Funding (VGF) basis and sought Viability Gap Funding of Rs 189 crore from NHAI.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
