IRB Infra Subsidiary Signs Concession Agreement With NHAI
VK1 Expressway Private Limited - wholly owned subsidiary of the IRB Infrastructure Developers Limited, has now executed Concession Agreement with NHAI for the project of Eight Lane Vadodara Kim Expressway from km 355.00 to km 378.740 (Padra to Vadodara Section of Vadodara Mumbai Expressway) in the State of Gujarat under NHDP Phase- VI on Hybrid Annuity Mode (Phase IA- package I) Key highlights of the project is as under:
| Project | NHAI Bid Project Cost (INR in Cr.) | Company's Bid Project Cost (INR in Cr.) | 1st Year O&M quote (INR in Cr.) | Construction and Operation Period | Length (Km) |
| Construction of Eight lane Vadodara Kim Expressway from Km 355.00 to Km 378.740 (Padra to Vadodara Section ofVadodara Mumbai Expressway) in the State of Gujarat under NHDP Phase - VI on Hybrid Annuity Mode (Phase lA-Package I) | 1637.01 | 2043 | 2.70 | Construction Period 730 Days Operation Period 15 years | 23.74 |
