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IRB Infrastructure Developers today said it has won a road project worth Rs 2,043 crore from state-run NHAI in Gujarat. “The company has emerged as a preferred bidder for a hybrid annuity project in Gujarat. The company’s bid project cost is Rs 2,043 crore,” IRB Infrastructure Developers said in a BSE filing.
The order is for the construction of the eight-lane Vadodara Kim expressway from 355 km to 378.74 km (Padra to Vadodara section of the Vadodara-Mumbai Expressway) in Gujarat. With the addition of these projects, the company’s construction order book stands at approximately Rs 12,000 crore to be executed in three years, the company added. Shares of the company were trading 0.36 per cent higher at Rs 220.70 on the BSE.
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