IRB Infra bags Rs 3,400 cr project in UP

After winning three successive projects under Hybrid Annuity Model, IRB Infrastructure Developers Ltd (IRB), has bagged fourth one under BOT space, from NHAI in Uttar Pradesh.

The company has been emerged as a preferred bidder for six laning of the 99.867 Kms stretch on NH-9 (earlier NH-24) on Hapur Bypass, from Hapur to Moradabad, for the cost of cost of Rs 3,400 crore.

Virendra D. Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers said, “We have proven track record in BOT space; and bagging another project in the BOT space is another jewel in the crown for us. This has once again acknowledged the high trust and confidence in our domain expertise, rich experience and execution capabilities demonstrated over last two decades.”

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