SPV of IRB Infrastructure commissions Yedeshi-Aurangabad highway project

FOUR LANING OF AROUND 162 KMS HAS BEEN COMPLETED AND THROWN OPEN FOR PUBLIC OUT OF TOTAL LENGTH OF 189 KM STRETCH OF NH211   

IRB Infrastructure’s SPV, Yedeshi Aurangabad Tollway Pvt. Ltd. (YATPL), has partially commissioned its Yedeshi to Aurangabad, four laning highway project. It has thrown open all four lanes for vehicular traffic in the state of Maharashtra, on March 17, 2019.

Having completed 85.60 per cent work on the project admeasuring 161.87 Kms, out of total length of 189 Kms of the Yedeshi – Aurangabad Section of NH-211, the SPV of IRB Infra is in possession of the Provisional Certification from the Competent Authority to commence tolling w.e.f. 17^th March 2019. It has accordingly started tolling on the project from 17^th March 2019.     

The Chairman & Managing Director IRB Infra, Mr. Virendra D. Mhaiskar while speaking on the occasion said, “The newly widened highway will now have direct and quicker connectivity between two major cities of Maharashtra – 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,” he added. 

This is our third BOT project commissioned successively after Kaithal – Rajasthan Border Project in September 2017 and Solapur – Yedeshi Project in March 2018, which demonstrates consistency in project execution capabilities of the company to bring better highway connectivity for developing India,” he concluded.  

Key features of the project:

• The length of the project is 189.1 kms section on NH 211. The stretch connects the major places in the State including Tulajapur and Osmanabad. 

• For the conversion of existing 2 lanes into 4 lanes, NHAI awarded this project under DBFOT pattern to IRB Infra at a project cost of Rs 3, 370 crores.

• Project has Viability Gap Funding of Rs 558 crores from the NHAI

• The service road of the project will be 73.71 kms. It will also have 18 pedestrian underpasses; 5 flyovers; 5 major bridges; 57 small bridges; 98 intersections; 194 culverts; and one railway over bridge, along with 3 Toll Plazas.

• The concession period for the  project is 26 years

• The tolling has commenced w.e.f. March 17, 2019 midnight

• COD achieved in line with provisional certification issued by the Competent Authority