IRB Infra sets to get ₹1,755-cr highway project

IRB Infrastructure Developers Ltd (IRB) has emerged as a preferred bidder for the construction of eight lanes of the Vadodara – Mumbai Expressway in Gujarat, on the Gandeva–Ena highway stretch commanding a length of 27.500 km and involving an investment of ₹1,755 crore. The project is a greenfield venture and a part of India's 'Bharatmala Pariyojana' of the NHAI under Phase-I. The concession comprises of 730 days for the construction and 15 years of Operations & Maintenance rights. After securing the project, the company's order book will stand at ₹13,755 crore. Virendra D. Mhaiskar, Chairman & MD, IRB Infrastructure Developers said, "We are happy to see the company being awarded another section of the Vadodara – Mumbai Expressway. Winning this project validates our domain expertise, rich experience and execution capabilities demonstrated over the last two decades."

: Published: 30 July 2020

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