IRB Infrastructure Informed Exchanges That The Company Has Emerged

IRB Infrastructure informed exchanges that the company has emerged as a preferred bidder for a Hybrid Annuity Project under NHDP Phase VI in the state of Gujarat.

With addition of these projects, the company's construction orderbook stands to approximately Rs 12,000 crore to be executed in three years.

State-owned Indian Oil Corporation and Bharat Petroleum Corporation Ltd may buy 26 percent stake each in gas utility GAIL India Ltd, paying the government over Rs 20,000 crore each to become integrated energy firms.

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