IRB Infra Bags Two Hybrid Annuity Projects Worth Rs. 34,920 Million


IRB Infra Bags Two Hybrid Annuity Projects Worth Rs 34,920 Million IRB Infrastructure Developers Limited (IRB), India’s leading and the largest infrastructure developers in BOT space in Roads and Highways sector has bagged two projects under Hybrid Annuity Model (HAM) in Tamil Nadu State. The company has emerged as a preferred bidder for the two Tamil Nadu based projects aggregating 94.80 km. Commenting on the development, Mr Virendra D. Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers Limited, said, “Winning these two projects for the first time under Hybrid Annuity model, demonstrates high trust and confidence in our domain expertise and execution capacities. ”He added, “Alike BOT space, we would endeavour to leave our footprints and achieve new benchmarks in HAM space too.”