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HYDERABAD: IVRCL Infrastructures & Projects Ltd has announced that it has been awarded with a project worth Rs 263 crore.

The project relates to construction, operation and maintenance, including strengthening and widening of the existing two-lane road for four-lane dual carriageway from 407.10 km to 456.10 km of NH-1 (Jalandhar-Amritsar section) in Punjab on build-operate-transfer (BOT) basis.

In a communiqué to stock exchanges on Wednesday, the company said the concession period was 20 years, including the construction period of two-and-a-half years.

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