MoneyWorks4Me

IRB emerges as preferred bidder for BOT project in Gujarat

21 Feb 2023 Evaluate

IRB Infrastructure Developers (IRB) has emerged as a Preferred Bidder for the project of Upgradation to Six Lane with paved Shoulder of NH-27 from Samakhiyali to Santalpur section from km. 339+200 to Km. 430+100 in the State of Gujarat on build-operate-transfer (BOT) (Toll) Mode. The project, with Concession Period of 20 years from the Appointed Date, is 6 laning of the 90.90 Kms stretch between Samakhiyali to Santalpur. Total project cost is Rs 2,132 crore.  

Upon award of this Project, the Company’s order book will stand revised to around Rs 20,892 crore, excluding GST, of which, the construction order book will be at Rs 9,714 crore, providing strong visibility for next 2.5 years around.

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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