IRB Infrastructure Developers Ltd, one of the leading construction and infrastructure entities recently received letter of award from National Highways Authority of India (NHAI) for Rs 2,100-crore highway project in Rajasthan and Gujarat. In a filing to the Bombay Stock Exchange (BSE), IRB Infrastructure Group stated, “The company has received letter of award from NHAI […]
HAM projects by government making sensation in Development Industry
The recently sanctioned hybrid annuity model (HAM) for road projects have engaged developers in serious bidding for each of the five projects announced during January – March. Under these proposals the government, to enable investments and executing stranded road projects, is going to contribute for 40% of the total cost and would then release the […]