National Highway Authority of India (NHAI) has issued a letter of award to IRB Infrastructure Developers for the road section PPP project in Himachal Pradesh. The development includes rehabilitation, upgradation and strengthening of the Pathankot-Mandi Section on NH-20 to a four-lane configuration. The project will be procured on the Hybrid-Annuity model (HAM) of public-private partnership (PPP).

Key highlights of the project are:

• Project length- 28.7 kilometers;
• The total investment in the project is INR8280 (US$110.81 million);
• Expected construction Period of 730 days and Operation Period of 15 years.