IRB Infra arm Palsit Dankuni Tollway achieves financial closure for a project

NEW DELHI, Jan 11: IRB Infrastructure Developers Ltd on Tuesday said its wholly-owned subsidiary Palsit Dankuni Tollway Pvt Ltd has achieved financial closure for its build-operate and transfer (BOT) project of six-laning of NH-19 corridor between Palsit and Dankuni in West Bengal.
IRB Infrastructure in a statement said the project cost is Rs 2,314 crore.
It said the project is six-laning of 63.83 km stretch from Palsit to Dankuni on NH-19 and the company will commence tolling after receiving appointed date from NHAI.
Lenders to extend financial support of Rs 1,650 crore, IRB Infrastructure added. (PTI)