Published On:February 22 2023
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IRB Infra emerges as a Preferred Bidder for Rs. 2,132 Crs BOT project in the State of Gujarat.
IRB Infrastructure Developers Ltd. (IRB), India's leading and largest integrated highways infrastructure developers has emerged as a Preferred Bidder for Rs. 2,132 Crores BOT Project in the State of Gujarat.
The project, with Concession Period of 20 years from the Appointed Date, is 6 laning of the 90.90 Kms stretch between Samakhiyali to Santalpur.
Commenting on the development, Mr. Virendra D. Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers Ltd. 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.
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