Mumbai, March 14, 2018: For the first time, IRB Infrastructure Developers Ltd (IRB), India’s leading and the largest infrastructure developers in BOT space in Roads and Highways sector has bagged two projects under Hybrid Annuity Model (HAM) in Tamil Nadu State.
The Company has been emerged as a preferred bidder for the two Tamil Nadu based projects aggregating 94.80 Kms; with cost outlay of Rs. 3,492 Crs.
Commenting on the development, Mr. Virendra D. Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers Ltd., said, “Winning these two projects for the first time under Hybrid Annuity model, demonstrates high trust and confidence in our domain expertise and execution capacities.” He added, “Alike BOT space, we would endeavour to leave our footprints and achieve new benchmarks in HAM space too.”
Key highlights of the Projects are as under:
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