NHAI Annuls IRB Infra Bid for BOT Project

IRB Infrastructure Developers on Tuesday said the National Highways Authority of India (NHAI) has annulled the Rs 2,193-crore bid won by the company for widening of a highway stretch in West Bengal under the Bharatmala Pariyojana. However, it did not provide any details for cancellation of the bid. "With reference to earlier disclosure dated July 10, 2020, the National Highways Authority of India has informed us now that the NHAI has annulled the bid received by them," IRB Infrastructure Developers said in a filing to the BSE.