PM lays foundation stone of Haryana-Rajasthan highway
Source: IRIS | 19 Aug, 2014, 07.37PM
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The Prime Minister Narendra Modi on Tuesday laid foundation stone of the project assigned to IRB Infrastructure Developers for four laning of 166km Kaithal -Rajasthan Border Section of NH-152/65 from in Haryana.
The project will be executed as BOT (Toll) on DBFOT Pattern under NHDP Phase - IV. The project concession period for the same is 27 years and construction period is 910 days. IRB has sought Rs 2.34 billion viability gap funding from NHAI. With this project, IRB expands its base in 7th state viz. Haryana.
Shares of IRB Infrastructure Developers gained Rs 5, or 1.97%, to settle at Rs 258.85. The total volume of shares traded was 662,181 at the BSE (Tuesday). Shares of the company gained Rs 5, or 1.97%, to settle at Rs 258.85. The total volume of shares traded was 662,181 at the BSE (Tuesday).
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