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IRB Infrastructure bags NHAI project

Wednesday, 17 Jun 2009
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IRB Infrastructure Developers, an infrastructure development and real estate company, has submitted bid with the NHAI for design, engineering, finance, construction, operation and maintenance of four lanning of NH 4A from Goa/Karnataka Border Km 84 to Panaji-Goa Km 153.070 with total length of 65.07 km in Goa under NHDP Phase III on BOT basis.

The company has emerged as the lowest bidder for the project. The company has requested a grant of Rs 186.3 crore for the project from NHAI.

The project costing Rs 800 crore is being developed on grant basis with concession period of 30 years.

Also See:

IRB Infrastructure achieves financial closure for Surat-Dahisar road project (02-Feb-09)

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