IRB Infrastructure Developers has received a Letter of Award (LoA) from the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), the nodal agency entrusted to monitor the project development, for developing the Group 1 of the prestigious Ganga Expressway Greenfield BOT Project in the State of Uttar Pradesh.
The company will develop the 129.700 Kms stretch from Meerut to Badaun under Group 1 of the four groups of the project, with cost outlay of Rs 6,555 crore, under the Design, Bid, Finance, Operate & Transfer (DBFOT) model with the traffic linked expandable Concession period up to 36 years that includes 3 years for construction.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
