IRB Infrastructure's subsidiary inks deal for Rs 21.32 bn project
ROADS & HIGHWAYS

IRB Infrastructure's subsidiary inks deal for Rs 21.32 bn project

IRB Infrastructure Developers announced that its wholly-owned subsidiary, Samakhiyali Tollway, had entered into a concession agreement with the National Highway Authority of India (NHAI) for a road project worth Rs 21.32 billion.

The project aims to upgrade the existing four-lane NH27 stretch, spanning 90.90 km from Samakhiyali to Santalpur in Gujarat, to six lanes. The project will operate under the build-operate-transfer (Toll) mode.

The project has a concession period of 20 years, starting from the appointed date, which includes a construction period of two years.

The Concession Agreement marks a crucial phase in any project as it allows the developer to move forward to the next step, which involves arranging finances for the project.

Also read:
Only 0.18% buildings in Nagpur have rainwater harvesting
Ganga river pollution: All drains to be geo-tagged


Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

IRB Infrastructure Developers announced that its wholly-owned subsidiary, Samakhiyali Tollway, had entered into a concession agreement with the National Highway Authority of India (NHAI) for a road project worth Rs 21.32 billion. The project aims to upgrade the existing four-lane NH27 stretch, spanning 90.90 km from Samakhiyali to Santalpur in Gujarat, to six lanes. The project will operate under the build-operate-transfer (Toll) mode. The project has a concession period of 20 years, starting from the appointed date, which includes a construction period of two years. The Concession Agreement marks a crucial phase in any project as it allows the developer to move forward to the next step, which involves arranging finances for the project. Also read: Only 0.18% buildings in Nagpur have rainwater harvesting Ganga river pollution: All drains to be geo-tagged

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000