IVRCL Assets & Holdings advanced nearly 5% and touched monthly high of Rs53.80, after the company received 2 prestigious bot road projects and cash contracts of total value of Rs4081 crore
IVRCL Assets & Holdings was adjudged as lowest bidder for six laning of Gundugolonu-Rajahmundry section of National Highway (NH)-5 on design, build, and finance, operate and transfer (DBFOT) (Toll) basis for a concession period of 24 years from National Highway Authority of India ( NHAI) under Phase-V of National Highway Development Project (NHDP). The total project cost is Rs1617 crore. The project is to be constructed within 30 months from the appointed date, IVRCL said in a statement.
IVRCL Assets & Holdings was also adjudged lowest bidder for four laning of Patiyala-Bathinda section of NH-64 from PWD (B&R) Department, Government of Punjab. The project is on DBFOT (Toll) basis with a concession period of 24 years. The total cost of the project is Rs1586 crore. The project is to be constructed within 30 months from the appointed date, IVRCL said in a statement.
With the receipt of the two latest BOT (build, operate, transfer) highway projects, the cumulative value of the assets stands at Rs17789 crore, IVRCL said in a statement.
....more info
IVRCL Assets & Holdings was adjudged as lowest bidder for six laning of Gundugolonu-Rajahmundry section of National Highway (NH)-5 on design, build, and finance, operate and transfer (DBFOT) (Toll) basis for a concession period of 24 years from National Highway Authority of India ( NHAI) under Phase-V of National Highway Development Project (NHDP). The total project cost is Rs1617 crore. The project is to be constructed within 30 months from the appointed date, IVRCL said in a statement.
IVRCL Assets & Holdings was also adjudged lowest bidder for four laning of Patiyala-Bathinda section of NH-64 from PWD (B&R) Department, Government of Punjab. The project is on DBFOT (Toll) basis with a concession period of 24 years. The total cost of the project is Rs1586 crore. The project is to be constructed within 30 months from the appointed date, IVRCL said in a statement.
With the receipt of the two latest BOT (build, operate, transfer) highway projects, the cumulative value of the assets stands at Rs17789 crore, IVRCL said in a statement.
....more info