IRB Infrastructure Developers has received Letter of Award (LoA) from NHAI for the project of Development of Six Laning of Chittoor-Thachur road from km. 96.040 (Pondavakkam) to km. 116.100 (Kannigaipair) on Hybrid Annuity mode under Bharatmala Pariyojana, in the state of Tamil Nadu (Package-IV).
The Construction Period is 730 Days & Operation Period of 15 years commencing from COD. NHAI Bid Project Cost is Rs 652.49 crore and company's Bid Project Cost is Rs 909 crore. The company's Bid Price (NPV of Company's Bid Project Cost & O&M Cost over the Concession Period) is Rs 844.14 crore.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
