IRB Infrastructure Developers has received letter of award (LoA) from the National Highways Authority of India (NHAI) for hybrid annuity project under Bharatmala Pariyojana.
The project involves construction of eight-lane access-controlled expressway from 190.000 km to 217.500 km of Gandeva to Ena section of Vadodara Mumbai Expressway in the state of Gujarat on hybrid annuity mode (HAM) (Phase-I Package-VII). The length of the road is 27.50 km.
The cost of the project is Rs 1,755 crore and construction period 730 days, with operation period of 15 years.