Award Bagged!
ROADS & HIGHWAYS

Award Bagged!

Photo: For representational purpose

IRB Infrastructure Developers (IRB) have received a Letter of Award (LoA) from the National Highway Authorities of India (NHAI) for 27.500 km long Gandeva-Ena section of the upcoming greenfield project of eight-lane Vadodara-Mumbai Expressway.
 
While commenting on the development, Virendra D Mhaiskar, Chairman & Managing Director, said, “We are happy to receive the LoA from NHAI; the second one for the stretch on prestigious Vadodara-Mumbai Expressway project under Bharatmala Pariyojana. Receiving LoA will now enable us to initiate further necessary actions in signing the Concession Agreement as well as achieving the financial closure for the project so as to receive appointed date and commence construction activity.” He further added, “It is a testimony to IRB’s capabilities, domain expertise, strict financial discipline demonstrated over last two decades in developing the world-class highways infrastructure across the nation. We would continue to excel in our operations and would endeavour to complete the project in stipulated time span.” 
 
The company has emerged as the preferred bidder for the said project under Hybrid Annuity, with the project bid cost of Rs 17.55 billion having the Concession period of 15 years, including 730 days construction period.
 
Key highlights of the project
  • The Gandeva-Ena HAM project (Package-VII) is part of India’s ambitious ‘Bharatmala Pariyojana’ of the NHAI under Phase-I.
  • It is a greenfield project of eight-laning of 27.500 km section on upcoming Vadodara-Mumbai Expressway.   
  • On receiving the LoA, the company’s order book now stands at Rs 137.55 billion.
To recollect, the company is also constructing another stretch on this prestigious expressway project between Padra and Vadodara having length of 23.740 km with cost outlay of Rs 20.43 billion.

Photo: For representational purposeIRB Infrastructure Developers (IRB) have received a Letter of Award (LoA) from the National Highway Authorities of India (NHAI) for 27.500 km long Gandeva-Ena section of the upcoming greenfield project of eight-lane Vadodara-Mumbai Expressway. While commenting on the development, Virendra D Mhaiskar, Chairman & Managing Director, said, “We are happy to receive the LoA from NHAI; the second one for the stretch on prestigious Vadodara-Mumbai Expressway project under Bharatmala Pariyojana. Receiving LoA will now enable us to initiate further necessary actions in signing the Concession Agreement as well as achieving the financial closure for the project so as to receive appointed date and commence construction activity.” He further added, “It is a testimony to IRB’s capabilities, domain expertise, strict financial discipline demonstrated over last two decades in developing the world-class highways infrastructure across the nation. We would continue to excel in our operations and would endeavour to complete the project in stipulated time span.”  The company has emerged as the preferred bidder for the said project under Hybrid Annuity, with the project bid cost of Rs 17.55 billion having the Concession period of 15 years, including 730 days construction period. Key highlights of the projectThe Gandeva-Ena HAM project (Package-VII) is part of India’s ambitious ‘Bharatmala Pariyojana’ of the NHAI under Phase-I.It is a greenfield project of eight-laning of 27.500 km section on upcoming Vadodara-Mumbai Expressway.   On receiving the LoA, the company’s order book now stands at Rs 137.55 billion.To recollect, the company is also constructing another stretch on this prestigious expressway project between Padra and Vadodara having length of 23.740 km with cost outlay of Rs 20.43 billion.

Next Story
Equipment

SANY Named Top Chinese Construction Machinery Firm in Forbes 2000

SANY Heavy Industry (600031.SS) has been recognized as China's premier construction machinery manufacturer in Forbes' 2025 Global 2000 list, ranking 956th position worldwide. The prestigious list evaluates companies based on four key metrics: sales, profits, assets, and market value, with data calculated from the latest 12-month financial results as of April 25, 2025. This achievement underscores SANY's leadership credentials in the global heavy machinery industry, validating its forward-looking "Globalization, Digitalization, and Decarbonization" strategy and reinforcing confidence in its inn..

Next Story
Infrastructure Urban

Vedanta Aluminium Marks Pride Month with Boost in LGBTQI+ Hiring

Vedanta Aluminium, India’s largest aluminium producer, is redefining inclusivity in manufacturing by actively recruiting and empowering transgender individuals across its operations. As part of the Pride Month celebrations, the company has announced that it will hire 15 transgender employees in 2026, increasing the total strength to 44 across its operations in Jharsuguda, Odisha and Korba, Chhattisgarh. Vedanta Aluminium has introduced a comprehensive framework of progressive policies to support the assimilation and well-being of transgender employees. These include sensitization workshops ..

Next Story
Infrastructure Urban

Reactor Containment Successfully Tested at Rooppur NPP Unit 1

At power unit No.1 of the Rooppur NPP, which is being built in the People's Republic of Bangladesh by the Rosatom State Corporation Engineering Division, tightness and strength tests have been successfully conducted at the containment of the reactor compartment. The tests confirmed full compliance with the design requirements and the highest safety standards of the reactor containment.During the tests, a compressor was used to increase the pressure inside the containment to the design value of 4.6 kgf/cm² (which corresponds to approximately 0.45 MPa) and a series of tests were conducted to co..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?