Published On: Wed, Sep 13th, 2017

SPV Kaithal Tollway Pvt Ltd of IRB Infra Achieves COD

Kaithal Tollway Pvt. Ltd. (KTPL), the Special Purpose Vehicle (SPV) of infrastructure developer IRB Infrastructure Developers Ltd. commissioned its Kaithal – Rajasthan Border four laning highway project on 8th September 2017. The vehicular traffic opened with effect from midnight of 8th September 2017.

Key features of the project include:

  • 8th project in IRB Infra’s BOT Portfolio; the largest by any private highway infrastructure developer
  • Total project length 166.26 Kms, section on NH 152/65
  • Project cost is Rs.2290 Crores; including VGF of Rs.234 Crores
  • NHAI awarded the project under BOT space to IRB Infra in 2014
  • The project is conversion of existing 2 lanes into 4 lanes
  • It will have, service road of 20.90 kms; 18 pedestrian underpasses; 5 vehicular underpasses; 5 flyovers; 13 small bridges; 71 intersections; 241 culverts; and one railway over bridge
  • The Concession period for project is 27 years
  • Tolling commenced w.e.f. 8th September 2017 midnight
  • COD achieved in line with provisional certification issued by the Competent Authority, as  SPV satisfactorily completes 144 Kms, i.e., 87% construction work, four months ahead of schedule

Virendra D. Mhaiskar, Chairman & Managing Director of IRB said, “It’s another jewel in our crown for us at IRB. We are happy to throw the project open for commuters. Hope it would bring the world class and most safe commuting experience of the highway infrastructure in India. We are grateful to all the stakeholders, external as well as internal, who left no stone unturned to achieve COD for this project.”

The Kaithal – Rajasthan stretch of 166 Kms is part of NH – 65, which starts from Ambala in Haryana and ends at Pali in Rajasthan. It passes through four districts in Haryana States, i.e… Kaithal, Jind, Hissar and Bhiwani.

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