IRB Infrastructure bags order worth Rs 9.270 crore from NHAI
Infrastructure asset, IRB Infrastructure has bagged a package toll operate and transfer (TOT) worth Rs 9,270 crore from NHAI. The firm has received a Letter of Award (LoA) from NHAI for a bundle covering 366 km of the Lucknow-Ayodhya-Gorakhpur corridor on NH-27, and part of the Lucknow-Varanasi corridor on NH-731, for a revenue-linked concession period of 20 years.
The project is a part of NHAI’s asset monetisation programme.
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