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200 crore road project in Maharashtra

The project is for 4 laning of Yedeshi Aurangabad section of NH 211 from 100 km to 290.20 km in Maharashtra and will be executed as build operate transfer (BOT) on design build finance operate tran af sfer pattern under NHDP IV.”The estimated project cost of the company is approximat af af ely Rs 3,200 crore with construction period of 910 days. The concession period for the same is 26 years,” it added.IRB already has in its portfolio 4 laning of Solapur to Yedeshi section of NH 211 from start to 100 km.With the new project, the company will now be developing entire road length of 288 km from Aurangabad to Solapur, it further said.Moreover, the company has sought Rs 558 crore as Viability Gap Funding from NHAI for the pr af oject, IRB said.As on December 2013, the company had an order book of Rs 5,800 crore from the construction segment and post today’s announcement, it has increased to Rs 8,600 crore, the company said, adding that the orders have to be executed in the next three to four years.