Home News Industry News IRB Infra commences work on road projects in Karnataka and Maharashtra

    IRB Infra commences work on road projects in Karnataka and Maharashtra

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    IRB Infrastructure has started work on two road projects in Karnataka and Maharashtra
    IRB Infrastructure has started work on two road projects in Karnataka and Maharashtra

    IRB Infrastructure has started work on two road projects in Karnataka and Maharashtra, which entail a cost of Rs 4,139 crore. The Rs 2,639-crore scheme for four-laning of a highway in Karnataka and the Rs 1,500-crore road widening project in Maharashtra are being implemented by company’s wholly-owned subsidiaries  IRB Westcoast Tollway Pvt Ltd and Solapur Yedeshi Tollway Pvt Ltd respectively.

    For both the projects the company have received a viability gap funding(VGF) totaling of Rs.725 Crores from NHAI. Both the project falls under under NHDP phase IV.

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