IRB Begins Toll Collection on Key Uttar Pradesh Highways
ROADS & HIGHWAYS

IRB Begins Toll Collection on Key Uttar Pradesh Highways

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.

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.

Related Stories

Gold Stories

Next Story
Real Estate

L&T Wins Mega Order for India’s Largest NVIDIA B300 AI Factory

Larsen & Toubro (L&T), through Vyoma.AI’s AI infrastructure subsidiary LTN Compute, has secured a mega order to develop what the company describes as India’s largest single-cluster AI infrastructure facility. The NVIDIA B300 AI Factory will support US-based AI cloud company Together AI’s platform for large-scale inference, fine-tuning and training workloads.The integrated AI Factory will be hosted at Vyoma.AI’s Chennai data centre campus and will have a capacity of 10,000 NVIDIA B300 GPUs. The platform will combine hyperscale data centre infrastructure, accelerated computing, h..

Next Story
Infrastructure Urban

Autodesk Elevates Nikhil Bagalkotkar to Lead AEC in India, SAARC

Autodesk has elevated Nikhil Bagalkotkar as Head – Architecture, Engineering and Construction (AEC), India and SAARC, with immediate effect.In his new role, Bagalkotkar will lead Autodesk's AEC business strategy across the region and drive adoption of the company's Design and Make platform. He will also focus on promoting digital design and construction technologies to help customers accelerate innovation and deliver more sustainable and resilient infrastructure.Bagalkotkar will be responsible for expanding Autodesk's AEC business, strengthening customer and partner engagement, and accelerat..

Next Story
Real Estate

Listed Developers' Pre-Sales Seen Rising 22.3 Per Cent in FY27

India's leading listed residential developers are expected to sustain strong sales momentum in FY27, with combined pre-sales of 11 major players projected to rise 22.3 per cent year-on-year, according to an analysis by ANAROCK Research & Advisory.Combined pre-sales of the developers are estimated to increase from Rs 1.49 trillion in FY26 to Rs 1.82 lakh crore in FY27. ANAROCK attributed the growth to sustained end-user demand, new project launches and strong execution despite higher property prices, construction costs and global uncertainties.Dr Prashant Thakur, Executive Director and Head..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement