NHAI has given VM-7 Expressway Private Ltd., a wholly-owned subsidiary and Special Purpose Vehicle (SPV) of IRB Infrastructure Developers Ltd, an Appointed Date of November 09, 2021, for its 27.500-kilometer Gandeva – Ena Hybrid Annuity project, which is part of the upcoming Vadodara – Mumbai Expressway.
As a result, the SPV is on track to begin building on the project soon.
“This is encouraging for us, as we can commence construction for the project. Getting an appointed date is a step forward to meet deadlines with quality construction and ensuring revenue flows as envisaged. We are confident of timely completion of the project with world class quality and high safety standards to ensure a safe and comfortable travel experience for commuters,” IRB Infrastructure Developers LTD spokesperson said.
