IRB Infra bags toll-operate-transfer project in Odisha
Listed Infrastructure Investment Trust (InvIT), IRB Infrastructure Trust, has bagged a toll-operate-transfer (TOT) project from NHAI in Odisha. The project is bagged for an upfront consideration of Rs 3,087 crore.
The TOT covers 74.5 km of the Chandikhole to Bhadrak corridor on NH-26, which is part of the Golden Quadrilateral Project. IRB Infra has received a Letter of Award (LoA) from NHAI for the project.
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