IRB Infrastructure Developers Ltd (IRB), one of the largest BOT road developers in India, announced that it has emerged as a preferred bidder for the project of Six laning from Udaipur to Rajasthan/Gujarat Border, ie, from km 287.400 to km 401.200 section of NH-8 in the states of Rajasthan and Gujarat (approximately length 113.800 km) on DBFOT (Toll) under NHDP Phase V (package-V)(“the Project”)
The estimated project cost of the company is approximately Rs. 2,100 crores with the concession period for the same is 21 years including construction period of 910 days.
Subject to the award, IRB’s construction order book will stand to increase to approximately Rs. 10,000 crores, to be executed in the next four years. This will boost the Company’s construction orderbook visibility for next three to four years.
