IRB Infra bags Rs 1,500 cr project
The estimated project cost of the company is approximately Rs. 15, 00 crore with a construction period of 910 days. The concession period for the same is 29 years. IRB has sought Rs. 189 crore as Viability Gap Funding from the NHAI. This project will add to IRB´s present construction order book of Rs. 5,050 crore which is to be executed in the next two to three years. This will also provide increased visibility to the IRB.