MoneyWorks4Me

IRB Infrastructure Developers’ arm executes concession agreement with NHAI

10 May 2018 Evaluate

IRB Infrastructure Developers’ wholly-owned subsidiary - VK1 Expressway has executed concession agreement with National Highways Authority of India (NHAI) for the construction of eight lane Vadodara Kim Expressway from Km 355.00 to Km 378.740 (Padra to Vadodara Section of Vadodara Mumbai Expressway) in the State of Gujarat under NHDP Phase- VI on Hybrid Annuity Mode (Phase IA- package I). The construction period is 730 days and the operational period is for 15 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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