The IRB Golkonda Expressway, a Project SPV of India’s leading and the largest integrated multi-national infrastructure player in the highways sector, IRB Infrastructure Developers (IRB Infra), has signed the Concession Agreement with Hyderabad Metropolitan Development Authority (HMDA) for Tolling and Operations & Maintenance of Jawaharlal Nehru Outer Ring Road, popularly known as Hyderabad ORR in the State of Telangana on Toll-OperateTransfer (TOT) basis.
The Project will have toll plaza at 22 interchanges, 8 major bridges, 122 minor bridges, a flyover, 4 railway over bridges, 168 underpasses, large number of culverts & causeways. Total service road length is 294 Kms. The Project has close loop tolling. IRB to pay upfront Concession Fee of Rs 7,380 crore to HMDA for revenue-linked Concession Period of 30 years. IRB endeavors to implement this Project through its Associate viz. IRB Infrastructure Trust.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
