IRB Infrastructure Developers
IRB Infrastructure Developers, a leading highway infrastructure and toll road developer, has received a Letter of Award from the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), the nodal agency entrusted to monitor the project development of Group 1 of the prestigious Ganga Expressway Greenfield BOT Project in Uttar Pradesh. Chairman & Managing Director Virendra D. Mhaiskar informed that the company will develop the 129.700 km stretch from Meerut to Badaun under Group 1 of the four groups of the project, with a cost outlay of ₹6,555 crore, under the Design, Bid, Finance, Operate & Transfer (DBFOT) model, with the traffic linked expandable concession period up to 36 years, which includes 3 years for construction. He added, “The Letter of Award for our third project in the State of Uttar Pradesh is testimony of our specialization in managing large sized BOT projects. Our expertise and resources have been instrumental and demonstrative of creating world class safety and quality highways for India over the last two decades. We will leave no stone unturned to complete this project with high standards of safety and quality and commission it as per the set timelines.” IRB Infra has completed and commissioned its 124 kms long Agra Etawah BOT project with a cost outlay of around INR 3,044 crore in UP and is in the final stages of completing and commissioning its 99 km long Hapur Moradabad BOT project with a cost outlay of around of ₹3,345 crore.
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Puducherry Smart City Development (PSCDL), a Puducherry government undertaking, will launch a series of development projects worth ₹300 crore, the contract for which has been awarded to NBCC. The proposals include constructing

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“The infrastructure sector is receiving an intense push from the Government, propelling India’s overall development and GDP. The new policies announced by the Government of India would ensure the time-bound creation of world-class

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Expanding their product range, Indian Tyre major, JK Tyre & Industries Ltd has launched 4 new offerings in their Off-the-Road Tyre Segment at South Asia’s largest construction equipment event Excon 2021 in Bangalore

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Real estate developer Lodha has announced a partnership with Bain Capital and Ivanhoé Cambridge to set up a next-generation green digital infrastructure platform that will invest $1 billion for developing digital infrastructure including logistics and light

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Real estate building major, Macrotech Developers, has plans to invest ₹3,800 crore in various new projects during the current fiscal and has set a target to deliver 10,000 homes by next March, said MD and CEO Abhishek Lodha, adding that

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Gurugram-based real estate builder, JMS Group, has announced the launch of 'The Nation' - plotted residential project in Sector 95, Gurugram in the NCR region under the DDJAY scheme. The 285 units’ residential project offers lucrative

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The Water & Effluent Treatment Business of L&T Construction has secured a repeat EPC order from the Department of Water Resources, Jharkhand, to execute the Masalia Ranishwar Megalift irrigation scheme on a turnkey basis. The project envisages

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KONE Elevators India, a global leader in the elevator and escalator industry, has announced its world’s largest passenger elevator at Jio World Centre

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Assam government has announced multiple infra projects involving ₹7,876.45 crore. The state cabinet has also sanctioned ₹3,107 crore for the construction

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The State Level Single Window Clearance Committee (SLSWCC) of the Karnataka government has approved as many as 60 industrial projects involving

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To build world-class infrastructure along the entire border belt of the country, the government is planning to set up a Border Infrastructure Management

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MG Motor India has partnered with Bharat Petroleum Corporation Ltd to bolster EV charging infrastructure across national highways in the country

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The Prime Minister has laid the foundation stones of multiple infrastructure projects involving ₹20,000 crore investment in Jammu and Kashmir. The projects

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Confederation of Indian Industry (CII) organized a roadshow in Delhi to announce EXCON which witnessed the participation of industry leaders and

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The State High Level Clearance Committee spearheaded by the Karnataka CM has cleared 10 projects involving ₹11,513 crore investment

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The Narmada Water Resources Water Supply and Kalpsar Department has invited bids to develop a 9.3km stretch between PDPU and Shahpur Bridges

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The Asian Development Bank has sanctioned an amount of $76.25 million amounting to ₹551 crore for three specific projects under the Agartala

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Choice Consultancy Services Private Limited, a wholly-owned Subsidiary of Choice International Limited, a diversified conglomerate has won

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SPML Infra Limited has secured several Arbitration Awards of a cumulated amount of ₹712 Crore for the projects from different clients in India

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