{"id":299481,"date":"2019-11-05T11:44:33","date_gmt":"2019-11-05T06:14:33","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=299481"},"modified":"2019-11-05T12:01:12","modified_gmt":"2019-11-05T06:31:12","slug":"nhai-terminates-concession-pacts-of-2-irb-infrastructure-road-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhai-terminates-concession-pacts-of-2-irb-infrastructure-road-projects\/","title":{"rendered":"NHAI terminates concession pacts of 2 IRB Infrastructure road projects"},"content":{"rendered":"<p>The NHAI has terminated the concession agreements of two Special Purpose Vehicles (SPVs) of highways infrastructure developer IRB Infrastructure.<\/p>\n<p>In a filing to the exchanges on November 2, IRB Infra, which recently got \u20b94,400-crore investment from Singapore sovereign wealth fund GIC, said the authority has terminated concession agreements to its two SPVs \u2014 IRB PP Project Pvt Ltd and IRB PS Highway Pvt Ltd.<\/p>\n<p>The SPVs had bagged Hybrid Annuity Model projects for 4-laning of Puducherry-Poondiyankuppam and Poondiyankuppam-Sattanathapuram highways.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NHAI has terminated the concession agreements of two Special Purpose Vehicles (SPVs) of highways infrastructure developer IRB Infrastructure. In a filing to the exchanges on November 2, IRB Infra, which recently got \u20b94,400-crore investment from Singapore sovereign wealth fund GIC, said the authority has terminated concession agreements to its two SPVs \u2014 IRB PP Project Pvt Ltd and IRB PS Highway Pvt Ltd. The SPVs had bagged Hybrid Annuity Model projects for 4-laning of Puducherry-Poondiyankuppam and Poondiyankuppam-Sattanathapuram highways.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-299481","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=299481"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299481\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=299481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=299481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=299481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}