IRB Infrastructure Developers’ subsidiaries have executed concession agreements with National Highways Authority of India (NHAI) for three road projects in India.
The road projects are as follows:
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Yedeshi Aurangabad Tollway, a wholly owned subsidiary of IRB Infrastructure Developers, has signed a concession agreement with NHAI for the four laning of Yedeshi - Aurangabad section of NH-211, from 100.000 km to 290.200 km (design length 190 km) in the state of Maharashtra, to be executed as BOT (Toll) on DBFOT pattern under NHDP Phase - IV. The project has been undertaken at a cost of Rs 1,500 crore
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Recently, NHAI had accorded approval for deferment of premium payments for nine road projects which also included IRB Ahmedabad Vadodara Super Express Tollway’s road upgradation project from Ahmedabad-Vadodara and IRB Tumkur Chitradurga Tollway’s Tumkur-Chitradurga NH-4 road project.