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The Pathankot-Mandi section of the national highway in Himachal Pradesh has been awarded to IRB Infrastructure Developers. The NHAI has also given the company an Appointed Date for the Project of Rehabilitation and Upgrade to Four-Lane Configuration & Strengthening of the Punjab/HP Border Highway. The company won the project using the Hybrid Annuity Model (HAM), and to carry it out, it formed an SPV that is about to begin construction on the mega road project’s first package.
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