IRB Infrastructure Developers completes concession period of Pune-Solapur project

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Capital Market
Last Updated : Mar 12 2019 | 2:31 PM IST
IRB Infrastructure Developers announced that Aryan Toll Road, Wholly Owned Subsidiary of the Company, has successfully completed concession period of Pune Solapur Project on 10 March 2019.

The Concession Agreement for the Project was signed in March, 2003. The Concession Period of the Project was 16 years. Now, upon successful completion of concession, this SPV has handed over the Project to the Ministry of Road Transport & Highways (MORTH).

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First Published: Mar 12 2019 | 2:09 PM IST

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