International Road Dynamics Inc. Awarded C$4.8 Million in New Contracts in India
Saskatoon-based International Road Dynamics Inc. (IRD), a highway traffic management technology company specializing in supplying products and systems to the global intelligent transportation systems industry, announced that its wholly-owned subsidiary, International Road Dynamics South Asia, has been awarded three new contracts in India valued at approximately C$4.8 Million. The first contract is from Reliance Energy, an infrastructure development company in India, to provide toll operation and maintenance services on two national highways. IRD has also been awarded two contracts to supply, install and commission a total of ten toll lanes including two Slow Speed WeighinMotion Systems from Madhucon Projects for their Trichy - Thanjavur Expressway Ltd. as well as 18 toll lanes from Ideal Road Builders for their Surat Bharuch toll plaza.