Home » IRB is preferred bidder for Rs 1,500-cr road project in Maha

IRB is preferred bidder for Rs 1,500-cr road project in Maha

IRB is preferred bidder for Rs 1,500-cr road project in Maha
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In Maharashtra, the Rs 1,500-crore Solapur to Yedeshi road expansion project has been bagged by IRB Infrastructure Developers. The company has emerged as a preferred bidder, the company stated. It added that the project work is four-laning of Solapur to Yedeshi section of NH-211 in the state.

The firm is to execute the project on design, build, finance, operate and transfer (DBFOT) pattern.

The project comes under phase four of the national highways development programme, the company said. The construction period of the project is fixed at 910 days and the company has sought Rs 189 crore as viability gap funding (VGF) from National Highways Authority of India.

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