IRB Infra's February Toll Revenue Jumps 18% to Rs 5.29 Billion

10 Mar 2025 CW Team

IRB Infrastructure Developers Ltd and its private InvIT associate, IRB Infrastructure Trust, reported an 18% year-on-year increase in toll revenue for February 2025. The company’s daily toll collection rose to Rs 190 million, up from Rs 160 million in February 2024, bringing the total monthly revenue to Rs 5.29 billion compared to Rs 4.62 billion in the same period last year. The company expects further growth in toll revenue driven by rising traffic across its assets in 12 states, supported by budgetary allocations to transportation infrastructure, tourism, and consumption-based sectors. Despite the revenue surge, shares of IRB Infrastructure Developers Ltd closed at Rs 44.52 on the BSE, down Rs 0.47 or 1.04%. (CNBCTV18)

Infrastructure Transport

07 Apr 2026

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Gujarat Pushes Biogas Growth With 193 Operational Units

Gujarat has operationalised 193 biogas plants across the state and is planning to add 60 more units as part of a broader push to scale up clean and sustainable energy solutions. The existing plants, established under various government-supported schemes, process organic waste including cattle dung and agricultural residue to produce biogas and a nutrient-rich slurry. The output is mainly used for cooking and other energy needs in rural and semi-urban communities, while also improving local waste management practices. The Gujarat Energy Development Agency (GEDA) is leading the initiative and is..