Mumbai, March 19, 2019: IRB Infra’s SPV, Yedeshi Aurangabad Tollway Pvt. Ltd. (YATPL), has partially commissioned its four laninghighway project Yedeshi to Aurangabad, in the State of Maharashtra, on March 17, 2019; thus, throwing open all four lanes for vehicular traffic.
The SPV is in possession of the Provisional Certification from the Competent Authority to commence tolling w.e.f. 17th March 2019, as it has completed 85.60% work of the project admeasuring 161.87 Kms, out of totallength of 189 Kms. of the Yedeshi – Aurangabad Section of NH-211. Accordingly, the SPV has started tolling on the project from 17th March 2019.
Speaking on the occasion, the Chairman & Managing Director of the Company Mr. Virendra D. Mhaiskar said, “The newly widened highway will now have direct and quicker connectivity between two major cities of Maharashtra – Solapur and Aurangabad; thus further smoothening the connectivity between South and North India. We hope that it would bring a boost to the economy of the region as well as a good travelingexperience for both, passengers and goods transporters, with high safety”. He further added, “This is our third BOT project commissioned successively after Kaithal – Rajasthan Border Project in September 2017 and Solapur – Yedeshi Project in March 2018 and now Yedeshi – Aurangabad in March 2019; which demonstrates consistencies in project execution capabilities of the Company to bring better highway connectivity for developing India.”
Key features of the project:
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