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BRIEF-IRB Infra Developers emerges preferred bidder for 6-laning of sections of NH-79A, NH-79 in Rajasthan
December 9, 2016 / 12:08 PM / 7 months ago

BRIEF-IRB Infra Developers emerges preferred bidder for 6-laning of sections of NH-79A, NH-79 in Rajasthan

1 Min Read

Dec 9 (Reuters) - IRB Infrastructure Developers Ltd :

* Co emerged as a preferred bidder for project of 6-laning of Kishangarh to Gulabpura section of NH 79A and NH 79 in Rajasthan

* Co has offered premium of 1.86 billion rupees to NHAI in terms of the concession agreement

* Project is on DBFOT pattern

* Concession period for project is 20 yrs including construction period of 910 days

* Co will get tolling rights on project from appointed date

* Upon award of the project, co's construction order book stands at about 110.61 billion rupees Source text: (bit.ly/2gIAkW0) Further company coverage:

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