Rajasthan Border Four Laning Highway Project now opened from 8th sep 2017

Gold Monetization Scheme Rajesh Exports MD Suggests
Gold Monetization Scheme Failing, Expert Suggests Increasing Interest Rates
September 4, 2017
Sanjay Dalmia
Farmers are an Inseparable Part of India’s Development
September 18, 2017

Rajasthan Border Four Laning Highway Project now opened from 8th sep 2017

IRB Infrastructure

Mumbai, September 11, 2017: Kaithal Tollway Pvt. Ltd. (KTPL), the Special Purpose Vehicle of India’s leading and largest highway infrastructure developer, IRB Infrastructure Developers Ltd., has commissioned its Kaithal – Rajasthan Border four laning highway project on 8th September 2017. With this, the project is now opened for vehicular traffic with effect from midnight 8th September 2017.

IRB Infrastructure

Speaking on the occasion, the Chairman & Managing Director of the Company Mr. Virendra Mhaiskar said, “It’s another jewel in our crown for us at IRB. We are happy to throw the project open for commuters. Hope it would bring the world class and most safe commuting experience of the highway infrastructure in India.” He further added, “We are grateful to all the stakeholders, external as well as internal, who left no stone unturned to achieve COD for this project.”

Key features of the project:

  • 8th project in IRB Infra’s BOT Portfolio; the largest by any private highway infrastructure developer
  • Total project length 166.26 Kms, section on NH 152/65
  • Project cost is Rs.2290 Crores; including VGF of Rs.234 Crores
  • NHAI awarded the project under BOT space to IRB Infra in 2014
  • The project is conversion of existing 2 lanes into 4 lanes
  • It will have, service road of 20.90 kms; 18 pedestrian underpasses; 5 vehicular underpasses; 5 flyovers; 13 small bridges; 71 intersections; 241 culverts; and one railway over bridge
  • The Concession period for project is 27 years
  • Tolling commenced w.e.f. 8th September 2017 midnight
  • COD achieved in line with provisional certification issued by the Competent Authority, as SPV satisfactorily completes 144 Kms, i.e., 87% construction work, four months ahead of schedule

The Kaithal – Rajasthan stretch of 166 Kms is part of NH – 65, which starts from Ambala in Haryana and ends at Pali in Rajasthan. The stretch passes through four districts in Haryana States, viz. Kaithal, Jind, Hissar and Bhiwani.

About IRB Infrastructure Developers Ltd:

IRB Infrastructure Developers Ltd (IRB) is India’s leading and one of the largest private roads and highways infrastructure developers.

The Company at present operates 8 highway projects under BOT space, post transferring 6 projects to India’s first ever InvIT, which are now under Operations and Maintenance contracts and 7 projects under various stages of construction.

Company’s Construction Order Book stands at Rs.8900 Crores as on 30th June 2017, i.e., at the end of Q1 of FY 2017 – 2018.

The Company, in 10th year of its journey towards excellence post listing, has achieved an unmatchable milestone of around 12,000 lanes Kms, including 20% share in India’s most prestigious and ambitious Golden Quadrilateral project. This is the largest portfolio of projects held by any private highways infrastructure developers in India.

IRB Infrastructure Developers Ltd. is India’s first Infrastructure developer Company to have privilege of successfully launching and listing of India’s first ever InvIT IPO.

For further details, please contact:

 

Suggested Reads: Global Foundation

 

 

 

 

5/5 (17)

User Ratings

10 Comments

  1. Daksh Saini says:

    Congratulations IRB for the Rajasthan Border Four Laning Highway Project. This is another good achievement for you.

  2. Tripti Garg says:

    I have seen a couple of highways made by them across the nation and I was very happy with the quality they had produced. If I am not wrong IRB has a big achievement for one of his BOT project.

  3. Ritu Dhaiya says:

    Article is good to read. Well written.

  4. Vicky Verma says:

    Great achievement.

  5. megha says:

    Whosoever think about it to convert 2 lane into 4 lane took very nice decision. As of now population is very huge and half time wasted in traffic jams, these 4 lanes help a lot but after sometime these four lanes also not sufficient because of the population.

  6. Tarun says:

    You can hardly remember any other company in our country which is doing such a splendid job. You guys rock.

  7. Bharti says:

    I have travelled through a lot of highways, but never seen anything like this. Congratulations to IRB Infrastructure for another achievement. The highway has a world class connectivity, earlier it took about 1 hour extra whenever I travelled between Kaithal- Rajasthan. But, I’m glad that it has changed now. Thank you VirendraMhaiskar and IRB.

  8. Vaibhav Gupta says:

    Just like the Chairman of the company, I am also hoping that the Rajasthan Highway will be a safe experience for travellers. This project is again a big achievement for this company.

  9. Nitin says:

    Yet another project completed. I am sure there is lot more to come from IRB and I am looking forward to world class highways across the length and breadth of India.

  10. Hiten Patel says:

    There is no surprise that IRB is churning out projects at a fast pace. They deserve all the credit.

Leave a Reply

Your email address will not be published. Required fields are marked *