IVRCL Assets & Holdings, a subsidiary of IVRCL has bagged 27 Km project '4/6 Laning of Raipur-Bilaspur Section of NH-200 (Km.0.00 to Km 126.525) in the state of Chhattisgarh to be executed as BOT (Toll) project on DBFOT pattern under NHDP Phase IV' from the National Highways Authority of India (NHAI). The project scope includes widening and strengthening the existing two-lane highway to a six / four-lane highway standards. The concession period is 25 years including the construction period of 30 months. The estimated Total Project Cost (TPC) is around Rs 1300 crore.
The company made this announcement during the trading hours today, 30 January 2012.