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IRB Infrastructure Developers’ associate gets LoA for Odisha project

07 Jan 2026 Evaluate

IRB Infrastructure Developers’ associate company -- IRB Infrastructure Trust has received a Letter of Award (LoA) from National Highways Authority of India (NHAI) for the project involving Tolling, Operation, Maintenance & Transfer of Chandikhole - Bhadrak Section of NH-16 in the State of Odisha (From Km 62+000 to Km 136+500) (TOT Bundle 18) (the Project).

The Trust to pay upfront Bid Concession Fee of Rs 3,087 crore to NHAI for revenue-linked Concession Period of 20 years.

IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.

IRB Infra.&Developer Share Price

21.84 -0.16 (-0.73%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4075.75
Rail Vikas Nigam 298.75
NCC 160.00
KEC International 584.40
Kalpataru Projects 1248.95
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