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NHAI terminates agreement with IRB Infrastructure Developers’ arms

04 Nov 2019 Evaluate

National Highways Authority of India (NHAI) has terminated Concession Agreements with IRB Infrastructure Developers’ wholly owned subsidiaries -- IRB PP Project and IRB PS Highway -- with effect from May 15, 2019 as per Clause 4.5 of respective Concession Agreements.

IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.

Peers
Company Name CMP
Larsen & Toubro 3699.00
Kalpataru Projects 1456.60
NCC 126.90
Rail Vikas Nigam 196.00
KEC International 362.35
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