IRB Infrastructure Developers Ltd arm receives Completion Certificate 2 for Hapur Moradabad Project

Hapur Moradabad Project implemented by IRB Hapur Moradabad Tollway Limited, the Project SPV of IRB Infrastructure Trust has been issued a Completion Certificate (COD-II) for additional length of 9.75 Kms by the Competent Authority. With this, 88.282 Kms of the Project Highway has been completed. Consequently, toll rates for the SPV would be increased by ~5% and the SPV will collect toll at revised toll rates on this project.

Source : Equity Bulls

Keywords

HapurMoradabadProject SPV IRBInfrastructureDevelopers CompletionCertificate IRBInfrastructureTrust