IRB Infrastructure Developers has announced commissioning its Goa/Karnataka Border – Kundapur four laning highway project.
Built at a cost of Rs 3,447 crore, the project has a concession life of 28 years. In a statement, the company said, “IRB Westcoast Tollway Ltd, the special purpose vehicle of IRB Infrastructure Developers Ltd, has commissioned its Goa/Karnataka Border – Kundapur four laning highway project; thus, now opened for the vehicular traffic.”
The filing further said that with this project getting commissioned, all the 12 projects in company’s BOT (build, operate, transfer) portfolio are now revenue generating projects.
IRB Infrastructure Developers Chairman & Managing Director Virendra D Mhaiskar said, “We are happy to commission the important coast highway infrastructure link between West and South India. We believe that the project would bring the world class and safe commuting experience of the highway infrastructure in India.”
The project has service road of 61.26 km; 9 pedestrian underpasses; 3 vehicular underpasses; 4 flyovers; 39 small bridges; 14 major bridges; 23 intersections; 573 culverts; and 3 railway over bridges and 3 toll fee plazas.
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