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IRB Infra emerges lowest bidder for Rs 800 cr NHAI project

IRB Infrastructure Developers today said it has emerged as the lowest bidder for a Rs 800-crore road project of the National Highway Authority of India (NHAI). - HCC consortium bags Rs 835 cr NHAI project - IRB Infra jumps on highway deal - Infra Developers lowest bidder for NHAI project - IRB Infra is lowest bidder for NHAI"s Rs 1,200-cr project - Nath seeks double budgetary allocation for building roads - Sunil Jain: Kaise khilega Kamal?">Sunil Jain: Kaise khilega Kamal? "The company has emerged as the lowest bidder" for the highway project in Maharashtra and "has sought a grant of Rs 216 crore from NHAI," IRB Infrastructure Developers said in a filing to the Bombay Stock Exchange. According to the infrastructure developer, it had submitted its bid with NHAI for developing road on Talegaon - Amravati section of NH 6 of (National Highway). "The project is on grant basis with concession period of 22 years and its estimated cost is Rs 800 crore," it added.

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