Kishangarh Gulabpura Tollway, a special purpose vehicle (SPV) of IRB Infrastructure Developers, now part of IRB Infrastructure Trust, has achieved full COD for Kishangarh-Gulabpura six-laning highway project in Rajasthan.

The National Highway Authority of India (NHAI) has issued completion certificate to the company.

With this, the company is now eligible for collecting toll fees at full tariffs, which is approximately higher by 78 percent than that of the existing toll tariffs.

The company had entered into a concession agreement with NHAI for a concession period of 20 years for this project, to develop, operate and maintain 90 km Kishangarh Gulabpura section of NH-79 and NH-79A, which is a part of the Golden Quadrilateral Project.

Earlier, in 2021, the company had achieved COD for rest two projects of the Golden Quadrilateral Project in the state, viz. Gulabpura-Chittorgarh project and Udaipur-Shamlaji project.

here is company details.

 

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