Highways developer IRB Infrastructure Developers on Wednesday said it has emerged as the preferred bidder for executing a stretch of the upcoming Vadodara-Mumbai Expressway at a cost of Rs 1,755 crore in Gujarat.
The project is a part of the ‘Bharatmala Pariyojana’ phase 1, being executed by the National Highways Authority of India (NHAI).
“IRB Infrastructure Developers Ltd…has emerged as a preferred bidder for construction of eight lanes of VadodaraMumbai Expressway in Gujarat on the GandevaEna stretch having length 27.500 kms with the project cost of Rs 1,755 crore,” the company said in a statement.
The project will be executed on hybrid annuity mode (HAM).
