IRB Infra SPV gets appointed date for Meerut-Budaun Ganga E-way Group 1

IRB Infrastructure Developers Ltd.’s Special Purpose Vehicle (SPV), Meerut Budaun Expressway Pvt. Ltd., has received an Appointed Date from the Uttar Pradesh Expressways & Industrial Development Authority (UPEIDA) for Meerut to Budaun stretch of upcoming greenfield BOT project Ganga Expressway Group 1.

The Company is now set to commence the construction activity in full swing to meet the set timeline for completion and commissioning of the prestigious project for use of people of Uttar Pradesh; resources for which have already been deployed.

Virendra D. Mhaiskar, Chairman & MD, IRB Infra Group said, “The construction for the project will now be taken up in full swing. This being the largest and one of most prestigious projects in our portfolio, is of utmost importance for us and we would endeavour to complete it within set timeframe with strong focus on quality and safety standards.”