+
189.6-km Goa-Karnataka border highway project commissioned
Real Estate

189.6-km Goa-Karnataka border highway project commissioned

IRB Westcoast Tollway, an SPV of IRB Infrastructure Developers, has recently commissioned the 189.6-km Goa-Karnataka border-Kundapur four-lane highway project, which is now open for vehicular traffic. Built at  Rs. 34.47 billion, the project has a concession life of 28 years.With this, all...

IRB Westcoast Tollway, an SPV of IRB Infrastructure Developers, has recently commissioned the 189.6-km Goa-Karnataka border-Kundapur four-lane highway project, which is now open for vehicular traffic. Built at  Rs. 34.47 billion, the project has a concession life of 28 years.With this, all the projects in the company’s BOT portfolio are now revenue generating projects, said the company in a release.The project has a service road of 61.26 km, nine pedestrian underpasses, three vehicular underpasses, four flyovers, 39 small bridges, 14 major bridges, 23 intersections, 573 culverts, three railway-over-bridges and three toll fee plazas. The stretch is part of NH-17, the key north-south highway link on the western coast of India.“We are happy to commission the important coast highway infrastructure link between West and South India,” said Virendra D Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers, speaking on the occasion. “We believe the project will bring a world-class and safe commuting experience and highway infrastructure to India. We are grateful to all the stakeholders, external and internal, who left no stone unturned to achieve COD for this project.”  The company had bagged the project under the National Highways Development Project (NHDP) Phase 4 on a design, build, finance, operate and transfer (toll) basis, and had a viability gap funding of Rs.5.36 billion.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code