Tag: IRB Infrastructure Developers

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IRB bags toll road order

IRB bags toll road order

IRB Infrastructure Developers has received 'letter of award' from the National Highways Authority of India for four laning the Yedeshi-Aurangabad section of NH-211 totalling about 190 km

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Pre-bid meeting for Navi Mumbai airport

Pre-bid meeting for Navi Mumbai airport

About 20 companies participated at the pre-bid conference for the Navi Mumbai International Airport project. This was the first meeting after the City and Industrial Development Corporation (CIDCO) had floated the request for qualification (RFQ) for the proposed airport.

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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

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.

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IRB allowed to receive 49% investment from FIIs

IRB allowed to receive 49% investment from FIIs

Road project developer IRB Infrastructure Developers received approval from the Reserve Bank of India (RBI)
to receive up to 49 per cent of its paid up capital as investment from Foreign Institutional Investors (FIIs). This would allow FIIs to raise their investment in the company's equity shares and convertible debentures unde

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IRB allowed to receive 49% investment from FIIs

IRB allowed to receive 49% investment from FIIs

Road project developer IRB Infrastructure Developers received approval from the Reserve Bank of India (RBI)
to receive up to 49 per cent of its paid up capital as investment from Foreign Institutional Investors (FIIs). This would allow FIIs to raise their investment in the company's equity shares and convertible debentures unde

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IRB Infra to seek compensation

IRB Infra to seek compensation

IRB Infrastructure Developers plans to claim a compensation of around Rs 60-70 crore from the National Highways Authority of India (NHAI) for terminating its contract for a Goa road project after the latter could not acquire land for it. Road projects have faced delays due to issues relating to land acquisition, environmental clearances and right of way but this is only the second instance in the last two years where a project has been cancelled due to NHAI's inability to acquire land.

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