IRB Infra receives LoA for Gandeva-Ena Section HAM project of Vadodar-Mumbai eight lanes expressway with a bid cost of Rs 17.55 billion.

03 Aug 2020 CW Team

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 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.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..