Yedeshi Aurangabad BOT Project implemented by wholly-owned SPV of IRB Infrastructure Developers Ltd viz. Yedeshi Aurangabad Tollway Pvt. Ltd ('SPV'), has been issued a Provisional Certificate by the Competent Authority. Consequently, the SPV has started partial toll collection on this project from today.
The Project is of Four Laning of Yedeshi to Aurangabad section NH-211 from km 100.000 to km 290.200 in the State of Maharashtra under NHDP Phase IVB on Design, Build, Finance, Operate and Transfer (DBFOT) Pattern (the 'Project'). Out of the design length of 189.09 kms of the Project, 161.87 kms have been completed. which is approx. 85.60% of the design length.
The Concession period of rhe project is 26 years and the Project Cost is Rs. 3.370 Crores.
The Company has bagged this Project on Viability Gap Funding (VGF) basis and sought Viability Gap Funding of Rs. 558 Crores from NHAI.
Shares of IRB INFRASTRUCTURE DEVELOPERS LTD. was last trading in BSE at Rs.150.3 as compared to the previous close of Rs. 151.85. The total number of shares traded during the day was 65493 in over 507 trades.
The stock hit an intraday high of Rs. 152.95 and intraday low of 149.95. The net turnover during the day was Rs. 9900158.