IRB Infrastructure Developers’ SPV receives appointed date for project in West Bengal
4th Apr 2022

IRB Infrastructure Developers’ special purpose vehicle (SPV) -- Palsit Dankuni Tollway has received the appointed date from the National Highway Authority of India (NHAI) for a project in West Bengal. The appointed date refers to the date on which the project starts.

The road project will be executed on a build-operate-transfer (BOT) basis. The company will continue to collect tolls for the concession period of 17 years. The project is four to six laning of 63.83 km (378 lane km) stretch of NH-19 between Palsit and Dankuni. The project will be executed by IRB Infra and its associate IRB Infrastructure Trust.

IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.