{"id":572443,"date":"2023-04-28T09:10:58","date_gmt":"2023-04-28T03:40:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=572443"},"modified":"2023-04-28T09:44:59","modified_gmt":"2023-04-28T04:14:59","slug":"irb-infrastructure-bags-rs-7400-crore-hyderabad-outer-ring-road-project","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/irb-infrastructure-bags-rs-7400-crore-hyderabad-outer-ring-road-project\/","title":{"rendered":"IRB Infrastructure bags Rs 7,400-crore Hyderabad Outer Ring Road project"},"content":{"rendered":"<p>IRB Infrastructure Developers (IRB Infra) on Thursday was awarded the country&#8217;s second largest road monetisation asset \u2013 the 158-kilometer Hyderabad Outer Ring Road in Telangana, the highway infra giant said in a filing. The project is under the Toll-Operate-Transfer (TOT) model for a revenue-linked concession period of 30 years, and IRB will pay an upfront fee of Rs 7,380 crore. <\/p>\n<p>The project for the toll collection rights was bid out by Hyderabad Metropolitan Development Authority (HMDA) through global bidding, in which the company had participated and emerged as the selected bidder. <\/p>\n<p>According to previous reports, 12 firms, including several foreign investors and pension funds active in India&#8217;s road infra space and strategic operators like Adani Road Transport, had initially shown interest in the multi-billion project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IRB Infrastructure Developers (IRB Infra) on Thursday was awarded the country&#8217;s second largest road monetisation asset \u2013 the 158-kilometer Hyderabad Outer Ring Road in Telangana, the highway infra giant said in a filing. The project is under the Toll-Operate-Transfer (TOT) model for a revenue-linked concession period of 30 years, and IRB will pay an upfront fee of Rs 7,380 crore. The project for the toll collection rights was bid out by Hyderabad Metropolitan Development Authority (HMDA) through global bidding, in which the company had participated and emerged as the selected bidder. According to previous reports, 12 firms, including several foreign [&hellip;]<\/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":[135,130,168],"tags":[],"class_list":["post-572443","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/572443","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=572443"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/572443\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=572443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=572443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=572443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}