IRB Infrastructure Developers’ Jaipur Deoli BOT Project implemented by wholly-owned SPV of the company, IRB Jaipur Deoli Tollways, has been issued a Provisional Certificate by the competent authority effective September 27, 2013. The project has been commissioned in stipulated time. Consequently, the SPV has started partial toll collection on this project effective from September 27, 2013.
The Jaipur Deoli BOT project involves four-Lanning of Jaipur Deoli Section of NH 12 from Kms 18.700 to Kms 165.000 in the state of Rajasthan on DBFOT (toll) basis. The concession period is 25 years and the estimated cost of the project is Rs 1,733 crore. The company had bagged this project on Viability Gap Funding (VGF) basis and sought VGF of Rs 306 crore from NHAI.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
