IVRCL Infrastructures and Projects (IVRCL) has bagged a road project, estimated at Rs 1,550 crore, on the NH-59. The project mandate includes design, engineering, construction, development, finance and operation of the road stretch between Indore and Jhabua on the Gujarat and Madhya Pradesh border section of NH-59. The project was awarded by the National Highways Authority of India under the international competitive bidding process with a 25 year concession period, including a construction period of two and a half years. The project will be implemented by a special purpose vehicle to be formed under IVR Prime Urban Developers, a subsidiary of IVRCL.
Contact: IVRCL, Email: bs_cs@ivrinfra.com, Web: www.ivrcl.com
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