IRB Infrastructure Developers, one of India’s leading integrated highways infrastructure developers, has emerged as the “Preferred Bidder” for Rs 2,132 Crores BOT Project in Gujarat.
The project involves 6 laning of the 90.90 kilometre stretch between Samakhiyali to Santalpur and has a Concession Period of 20 years from the Appointed Date.
This was stated by the company in an official statement. Commenting on the development, Virendra D. Mhaiskar, Chairman & Managing Director, IRB Infra said, “We are proud to continue our winning streak in BOT space and this would be the sixth project that the company will be executing in the state of Gujarat. The present project will be an important addition to IRB portfolio as this project caters to heavy commercial traffic connecting the Kandla and Mundra port and is brownfield part of the prestigious Amritsar Jamnagar expressway.“
Upon award of this Project, the Company’s order book will stand revised to approx. Rs. 20,892 Crores, excluding GST, of which, the construction order book will be at Rs 9,714 Crores, providing strong visibility for next 2.5 years.
