IRB Infra achieves financial closure for Mumbai-Pune Expressway project
Real Estate

IRB Infra achieves financial closure for Mumbai-Pune Expressway project

IRB Infrastructure Developers has achieved the Rs.66.10 bn financial closure for its first and India's largest toll-operate-transfer (TOT) project, the Mumbai-Pune Expressway. The project is being carried out by IRB MP Expressway, a SPV of IRB Infrastructure Developers. The company has reported...

IRB Infrastructure Developers has achieved the Rs.66.10 bn financial closure for its first and India's largest toll-operate-transfer (TOT) project, the Mumbai-Pune Expressway. The project is being carried out by IRB MP Expressway, a SPV of IRB Infrastructure Developers. The company has reportedly made the payment of first tranche of Rs.65 bn as upfront sub-concession fee to MSRDC. The project length is 205.4 km including expressway and section of NH-48, old Mumbai-Pune corridor.Contact: Virendra D Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers.Address: IRB Complex, Chandivali Farm, Chandivali Village, Andheri (East), Mumbai-400 072.Tel: 022-6640 4200.Email ID: info@irb.co.inWebsite: www.irb.co.in

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Infrastructure Transport

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

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Infrastructure Urban

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

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Infrastructure Urban

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..

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