IRB Infra inks pact with NHAI for ₹1,755-cr Vadodara-Mumbai Expressway

IRB Infrastructure
IRB Infrastructure Developers has entered into a pact with NHAI for executing a stretch of Vadodara-Mumbai Expressway in Gujarat at a cost of ₹1,755 crore for a project under the Bharatmala Pariyojna Phase 1. VM7 Expressway Private Limited, which is a wholly-owned arm of the company, has executed Concession Agreement with NHAI for the eight lanes access-controlled expressway from 190 to km 217.5 of Vadodara-Mumbai Expressway. The 27.50 km stretch pertains to Gandeva-Ena section in the state. The construction time is 730 days while operation period is 15 years.
📅 Published on: 18 September 2020
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