IRB Begins Toll Collection on Key Uttar Pradesh Highways

30 Jan 2026 CW Team

IRB Infrastructure and Developers has commenced toll collection on two major highway corridors in Uttar Pradesh—the Lucknow–Ayodhya–Gorakhpur section of NH-27 and the Lucknow–Sultanpur stretch of the Lucknow–Varanasi NH-731—marking a significant milestone in its toll road portfolio.

The company said toll operations began after it paid an upfront concession fee of Rs 92.7 billion to the National Highways Authority of India (NHAI) and achieved financial closure. Toll collection is being carried out through the project special purpose vehicle, IRB Harihara Corridors, under a revenue-linked concession period of 20 years.

IRB Infrastructure Trust had emerged as the highest bidder for NHAI’s TOT-17 bundle, which comprises the two highway corridors with an aggregate length of 366 kilometres. The company received the Letter of Award on November 14, 2025, and the project SPV signed the concession agreement with NHAI on December 12, 2025.

Commenting on the development, Virendra D. Mhaiskar, Chairman and Managing Director of IRB Group, said the NH-27 corridor holds exceptional cultural and spiritual significance as it connects some of India’s most revered religious and cultural cities. He added that the project will enable safer, more efficient and seamless travel for millions of pilgrims and commuters while contributing to regional economic development.

Headquartered in Mumbai, IRB Infrastructure and Developers is India’s largest integrated private toll road and highways infrastructure developer, with an asset base of around Rs 940 billion across 13 states.

Infrastructure Transport

01 Jun 2026

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..

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..

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..