This is to inform you that IRB Golconda Expressway Private Limited - SPV incorporated to implement Hyderabad Outer Ring Road Project, has now executed 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 ('the Project').