{"id":15309,"date":"2019-03-18T08:24:51","date_gmt":"2019-03-18T08:24:51","guid":{"rendered":"http:\/\/faceinews.com\/?p=15309"},"modified":"2019-03-18T08:24:51","modified_gmt":"2019-03-18T08:24:51","slug":"irb-infras-spv-commissions-yedeshi-aurangabad-highway","status":"publish","type":"post","link":"https:\/\/www.faceinews.com\/?p=15309","title":{"rendered":"IRB INFRA\u2019S SPV COMMISSIONS YEDESHI \u2013 AURANGABAD HIGHWAY"},"content":{"rendered":"

FOUR LANING OF AROUND 162 KMS COMPLETED AND THROWN OPEN FOR PUBLIC OUT OF TOTAL LENGTH OF 189 KM STRETCH OF NH211<\/strong><\/p>\n

\"Faceinews<\/a><\/p>\n

SPV STARTS TOLL COLLECTION W.E.F 17TH<\/sup>\u00a0MARCH 2019, IN LINE WITH THE PROVISIONAL CERTIFICATION FROM COMPETENT AUTHORITY<\/strong><\/p>\n

PROJECT HAS A CONCESSION PERIOD OF 26 YEARS<\/strong><\/p>\n

\u00a0<\/strong>Chennai, March , 2019:\u00a0<\/strong>IRB Infra\u2019s SPV, Yedeshi Aurangabad Tollway Pvt. Ltd. (YATPL), has partially commissioned its four laning highway project Yedeshi to Aurangabad, in the State of Maharashtra, on March 17, 2019; thus, throwing open all four lanes for vehicular traffic.<\/p>\n

The SPV is in possession of the Provisional Certification from the Competent Authority to commence tolling w.e.f. 17th<\/sup>\u00a0March 2019, as it has completed 85.60% work of the project admeasuring 161.87 Kms, out of total length of 189 Kms of the Yedeshi \u2013 Aurangabad Section of NH-211. Accordingly, the SPV has started tolling on the project from 17th<\/sup>\u00a0March 2019.<\/p>\n

Speaking on the occasion, the Chairman & Managing Director of the Company Mr. Virendra D. Mhaiskar said,\u00a0\u201cThe newly widened highway will now have direct and quicker connectivity between two major cities of Maharashtra \u2013 Solapur and Aurangabad; thus further smoothening the connectivity between South and North India. We hope that it would bring a boost to the economy of the region as well as a good traveling experience for both, passengers and goods transporters, with high safety\u201d.<\/em><\/strong>\u00a0He further added,\u00a0\u201cThis is our third BOT project commissioned successively after Kaithal \u2013 Rajasthan Border Project in September 2017 and Solapur \u2013 Yedeshi Project in March 2018 and now Yedeshi \u2013 Aurangabad in March 2019; which demonstrates consistencies in project execution capabilities of the Company to bring better highway connectivity for developing India.\u201d<\/em><\/strong><\/p>\n

Key features of the project:<\/strong><\/p>\n