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Business EconomyPosted at: Aug 3 2020 3:07PM


IRB Infrastructure developers receives LoA from NHAI for hybrid annuity project

IRB Infrastructure developers receives LoA from NHAI for hybrid annuity project

Mumbai, Aug 3 (UNI) Infrastructure major, IRB Infrastructure Developers said that company has received Letter of Award (LoA) from National Highways Authority of India (NHAI) for Hybrid Annuity Project under Bharatmala Pariyojana (Phase I-Package VII).

The project is for construction of Eight lane access controlled Expressway from Km 190.000 to Km 217.500 of Vadodara Mumbai Expressway (Gandeva to Ena Section) in the State of Gujarat on Hybrid Annuity Mode under Bharatmala Pariyojana (Phase I-Package VII), company said in a filing with BSE.

The construction period for the project is 730 days and operation period is 15 years.

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