IRB Infrastructure forms JV with RIL

IRB Infrastructure Developers Limited (IRB), toll road operating company has formed a JV with Reliance Infrastructure Ltd. and has submitted Request for Qualification(RFQ) for Rs5,134-crore NHAI project.

The project is a 50:50 consortium between IRB and Reliance Infrastructure Ltd. The project entails designing, engineering, financing, constructing, operating and maintaining the six-laning of the Kishangarh-Udaipur-Ahmedabad section of NH 79A, 79, 78 and NH-8. This project will be executed on the BOT (Toll) basis in the states of Gujarat and Rajasthan.