IRB has executed a concession agreement with NHAI for the project through its wholly owned subsidiary IRB Hapur Moradabad Tollway Private Limited

Date May 29, 2018

Type Projects

Countries India

Subsectors Road

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IRB has executed a concession agreement with NHAI for the project through its wholly owned subsidiary IRB Hapur Moradabad Tollway Private Limited

Similar updates

▶Fitch Ratings has given a BBB+ (EXP) rating to US$1.2 billion senior lien revenue bonds, the proceeds of which will be used to finance the project
▶IRB Infrastructure Developers has been selected as the preferred bidder for the project
▶The Commissioner of Highways has signed the High-Level Screening Report, advancing the project into the Detail-Level Screening phase to further analyse the benefits and challenges associated with the two delivery models under consideration (Design-build and Design-build-finance-operate-maintain)

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▶Six laning of Hapur bypass to Moradabad PPP project

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