According to a statement by IRB golconda Motorway Private Limited, toll-collecting operations on the 158-km access-controlled Outer Ring Road got underway on Saturday. It claimed to have paid the hmda the upfront concession cost of Rs. 7,380 crores. According to the concession agreement, IRB golconda Motorway Private Limited, a special purpose entity of IRB Infrastructure Trust (an affiliate of IRB), obtained the appointed date, according to the announcement. More than 1,200 individuals have work prospects thanks to the initiative.
Chairman and managing director Virendra D. Mhaiskar thanked all parties involved and stated, "Achieving financial closure well ahead of schedule for such a significant and famous project is a matter of pleasure to us. We are dedicated to offering users a top-notch travel experience and attaining operational excellence.

The first two lanes' top speed on the Outer Ring Road (ORR) has been raised from 100 kmph to 120 kmph. Speed limits for the first two lanes of the eight-lane, access-controlled ring road, which had four lanes on each side, were 100 kmph and 80 kmph, respectively. A senior traffic police official responded that they had not received any directives from the government regarding the decision, which was announced by minister K.T. Rama Rao on Social Media.




Find out more: