India highway widening work for key link

A highway widening project will be carried out on the route connecting Mumbai with Vadodara in India. A 23.4km stretch of the highway will be widened so that it features four lanes in either direction. A finance package worth US$ 132.5 million has been secured to help carry out the project and the work will be handled by IRB Infrastructure Developers (IRB Infra). In addition the National Highway Authority of India will also contribute to the project.

A 21-year concession deal has been agreed for the widening project for a 114km stretch of road linking Gujarat and Rajasthan states in India. The route will be widened to six lanes, with three in either direction. The project financing is worth over US$226 million, with a group of lenders having agreed the terms for the project with the National Highways Authority of India (NHAI). The agreement has been achieved by Udaipur Tollways, disclosed IRB Infrastructure Developers, which owns the special purpose veh