IRB Infrastructure Developers has emerged as the preferred bidder for six-laning
of the Tumkar-Chitradurga section from 75.00 km to 189.00 km of NH-4 on BOT
basis in Karnataka under NHDP Phase V.
The project based on DBFOT is estimated to cost Rs 1,200 crore. The
concession period is of 26 years and the company has to pay a premium of Rs
140.40 crore to the NHAI in the first year.
Also See:
IRB
Infra achieves financial closure for two road projects (01-Apr-10)
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Project profile