IRB Infrastructure
The wholly-owned subsidiary of IRB Infrastructure Developers, Palsit Dankuni Tollway Private Limited, has achieved financial closure for six-laning of National Corridor NH-19 from Palsit to Dankuni (up to NH-6 Connector) in West Bengal under Bharatmala Pariyojana to be executed on a BOT (Toll) basis. The project involves a cost of ₹2,314 crore with a concession period & tolling 17 Years from the Appointed Date (including a Construction Period of 910 days). The Company will get tolling rights on the Project from the Appointed Date. Premium payable as a percentage of Revenue is 10.8% commencing after one year of actual completion date and increasing annually by 1% thereafter. Total Senior Debt of ₹1,650 crores has been tied up with the Senior Lenders, and with necessary approvals, Equity contribution will be made by the Company & its Associate viz. IRB Infrastructure Trust (Private InvIT).
The National Highways Authority of India (NHAI) has started construction work on the 457-km long Vijayawada-Nagpur Express Highway. The ₹14,000 crore Greenfield-Brownfield Express Highway will connect Vidarbha in Maharashtra and

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The Centre and the Tamil Nadu government have come together to build a 20.6-km long double-layered elevated road in Chennai, connecting Madhuravoyal in the city with the Chennai Port. A Memorandum of Understanding for the key expressway

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The AP government has earmarked ₹3,572.92 crore for construction of new roads and upgradation and restoration of existing roads across the state. As much as ₹2,500 crore will be spent on R&B roads and ₹1,072.92 crore on panchayat raj roads, said an official

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The Nashik unit of the National Highways Authority of India (NHAI) has initiated the process for widening and concretization of the Bhiwandi-Nashik stretch of the Mumbai-Agra national highway at an investment of ₹5,000 crore. The project will reduce

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NHAI has started construction work on the Pathankot-Mandi national highway, which directly connects Pathankot with Leh, Ladakh and other border areas. NHAI has already acquired land in 40 revenue divisions of Nurpur in which 27 upmohals

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The National Highways Authority of India has undertaken upgradation and improvement of National Highway- 4B (new NH-348,548) and State Highway-54 (new NH- 348A) at an investment of ₹3,500 crore, informed Union Transport Minister, Nitin Gadkari

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The Union transport ministry has cleared a 380-km long new road corridor connecting the two industrial hubs of Ghaziabad and Kanpur. Crisscrossing through nine west UP districts, the 380-km Greenfield Economic Corridor aims at reducing

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To ensure smooth commuting services in the Central, East and Southeast Delhi, the Public Works Department (PWD) in Delhi has planned to construct a three-lane flyover for vehicles travelling from ITO towards Ashram at the Sarai Kale Khan

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Uttar Pradesh government has announced the construction of a 19,000 km long road network across the state entailing an investment of ₹15,000 crore

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CSIR-Central Road Research Institute (CRRI) is engaged in research and development of various projects like roads, runways, bridges, structures, traffic and transportation planning, use of sustainable materials

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Tamil Nadu government has approved the redesigned ₹5,770-crore project to be funded by the NHAI through loans and contributions from Chennai port

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The National Highway Authority of India, in a joint venture with the Rajasthan government, has planned to build the transport corridor of the northern

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The Union Transport Ministry has expedited work on the Regional Ring Road (RRR) around Hyderabad as the northern part of the RRR has already been

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The Greater Hyderabad Municipal Corporation (GHMC) has planned to build 15 new roads as part of the Strategic Road Development Program

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The Union Transport Minister has committed to spending ₹3 lakh crore on the development of National Highways infrastructure of high standards

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City and Industrial Development Corporation (CIDCO) has decided to construct Kharghar Turbhe Link Road (KTLR) including a tunnel through the hills

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Union Road Transport and Highways Minister, Nitin Gadkari, has cleared the construction of an access-controlled expressway between Aurangabad

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Dilip Buildcon has bagged a road project in Jharkhand entailing an investment of ₹976 crore. The project involves the construction of a four-lane

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The National Highways Authority of India (NHAI) has initiated the groundwork for the construction of 115-km long Ghazipur-Manjhighat four-lane

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Himachal Pradesh government has inked a pact with National Highways Logistics Management Limited to provide connectivity to the masses living

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