IRB Infra’s SPV Commissions Yedeshi – Aurangabad Highway

The SPV is in possession of the Provisional Certification from the Competent Authority to commence tolling w.e.f. 17^th 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 17^th 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:

• Total project length 189.1 Kms section on NH 211. The stretch connects the prime places in the State including Tulajapur and Osmanabad.
• NHAI awarded this project under DBFOT pattern to IRB Infra for converting existing 2 lanes into 4 lanes, at a Project cost of Rs. 3,370 Crores
• Project has Viability Gap Funding of Rs. 558 Crores from the NHAI
• The project will have service road of 73.71 Kms; 18 pedestrian underpasses; 5 flyovers; 5 major bridges; 57 small bridges; 98 intersections; 194 culverts; and one railway over bridge along with 3 Toll Plazas
• The Concession period for project is 26 years
• Tolling commenced w.e.f. March 17, 2019 midnight
• COD achieved in line with provisional certification issued by the Competent Authority

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