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IRB Infra executes agreement with NHAI for Rs 2,650 crore road project

On Thursday, IRB Infrastructure Developers said that it has executed concession agreement for Rs 2,650 crore project of six laning of Agra-Etawah Bypass section in Uttar Pradesh with NHAI.

In a BSE filing, IRB Infrastructure Developers said, “The company, has now executed Concession Agreement with NHAI for the project of six-laning of Agra-Etawah Bypass section of NH-2 (from km 199.660 to km 323.525) in the state of Uttar Pradesh under NHDP Phase-V on BOT (Toll) mode.”

“The estimated project cost of the company is approximately Rs 2,650 crore. Construction period is 910 days and the company will get tolling rights on the Agra-Etawah Bypass section of NH-2 from the appointed date,” it said.

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