The IRB Golkonda Expressway Private Limited has signed the Concession Agreement with Hyderabad Metropolitan Development Authority (HMDA) for the project of Tolling, Operation, Maintenance & Transfer (TOT) of Nehru Outer Ring Road (from Km 0+000 to Km 158+000) in Hyderabad, Telangana. Key highlights of the Project are as under: Project length, 158 Km, Project features, The Project will have toll plaza at 22 interchanges, 8 major bridges, 122 minor bridges, a flyover, 4 railway over bridges, 168 underpasses, large number of culverts & causeways. Total service road length is ~ 294 Kms., The Project has close loop tolling., Upfront Payment to be made to the HMDA, IRB to pay upfront Concession Fee of INR 7,380 million to HMDA for revenue-linked Concession Period of 30 years., Concession Period, Revenue linked Concession Period of 30 years from the Appointed Date, Other, IRB endeavors to implement this Project through its Associate viz.

IRB Infrastructure Trust.