A major Indian ring road project has been awarded in Telengana State.
The contract for the Hyderabad Outer Ring Road in India’s Telangana State has now been awarded. The project will be handled by IRB Infrastructure Developers (IRB Infra) and will be handled under a toll, operate and transfer model in a 30-year concession package. The highway route will measure 158km and IRB is paying US$900 million for the deal.