IRB Infra Trust SPVs Complete NHAI Payment
ROADS & HIGHWAYS

IRB Infra Trust SPVs Complete NHAI Payment

IRB Infrastructure Developers Limited, a leading infrastructure development and construction company in India, has achieved a significant milestone in its ongoing investment initiatives. The company's Special Purpose Vehicles (SPVs) under IRB Infrastructure Trust have successfully made a payment of Rs 6,111 crore to the National Highways Authority of India (NHAI) for Toll-Operate-Transfer (TOT) projects.

This substantial payment demonstrates IRB's commitment to infrastructure development and signifies a positive step towards enhancing the nation's transportation network. The completion of this payment underscores the company's financial strength and its ability to fulfil its obligations in infrastructure projects.

The TOT model, introduced by NHAI, allows private entities to bid for the rights to operate and collect tolls on selected national highways for a predetermined concession period. IRB Infrastructure Trust, through its SPVs, has emerged as a key player in this domain, leveraging its expertise in infrastructure development and operations.

The successful completion of the Rs 6,111 crore payment reflects IRB's proactive approach in contributing to India's infrastructure landscape. This investment not only benefits the company but also facilitates the government's objective of enhancing connectivity and mobility across the country.

IRB Infrastructure Developers Limited has a proven track record in executing and managing infrastructure projects across various sectors, including roads, highways, and bridges. The company's commitment to excellence and adherence to stringent quality standards have earned it a reputable position in the industry.

By completing this significant payment to NHAI, IRB reaffirms its dedication to fostering sustainable infrastructure development in India. The infusion of funds into TOT projects will not only improve the efficiency of national highways but also create employment opportunities and stimulate economic growth in the regions served by these road networks.

In conclusion, IRB Infrastructure Developers Limited's accomplishment of making a payment of Rs 6,111 crore to NHAI for TOT projects marks a pivotal moment in India's infrastructure sector. This achievement highlights the company's commitment to driving progress and underscores the importance of public-private partnerships in advancing the nation's infrastructure agenda.

IRB Infrastructure Developers Limited, a leading infrastructure development and construction company in India, has achieved a significant milestone in its ongoing investment initiatives. The company's Special Purpose Vehicles (SPVs) under IRB Infrastructure Trust have successfully made a payment of Rs 6,111 crore to the National Highways Authority of India (NHAI) for Toll-Operate-Transfer (TOT) projects. This substantial payment demonstrates IRB's commitment to infrastructure development and signifies a positive step towards enhancing the nation's transportation network. The completion of this payment underscores the company's financial strength and its ability to fulfil its obligations in infrastructure projects. The TOT model, introduced by NHAI, allows private entities to bid for the rights to operate and collect tolls on selected national highways for a predetermined concession period. IRB Infrastructure Trust, through its SPVs, has emerged as a key player in this domain, leveraging its expertise in infrastructure development and operations. The successful completion of the Rs 6,111 crore payment reflects IRB's proactive approach in contributing to India's infrastructure landscape. This investment not only benefits the company but also facilitates the government's objective of enhancing connectivity and mobility across the country. IRB Infrastructure Developers Limited has a proven track record in executing and managing infrastructure projects across various sectors, including roads, highways, and bridges. The company's commitment to excellence and adherence to stringent quality standards have earned it a reputable position in the industry. By completing this significant payment to NHAI, IRB reaffirms its dedication to fostering sustainable infrastructure development in India. The infusion of funds into TOT projects will not only improve the efficiency of national highways but also create employment opportunities and stimulate economic growth in the regions served by these road networks. In conclusion, IRB Infrastructure Developers Limited's accomplishment of making a payment of Rs 6,111 crore to NHAI for TOT projects marks a pivotal moment in India's infrastructure sector. This achievement highlights the company's commitment to driving progress and underscores the importance of public-private partnerships in advancing the nation's infrastructure agenda.

Next Story
Resources

Skyview by Empyrean is Making Benchmarks in the Indian Ropeway Industry

FIL Industries Private Limited, the parent company of Empyrean Skyview Projects that pioneered ropeway mobility solutions in India with Jammu’s Skyview Gondola, is currently developing the Dehradun-Mussoorie ropeway and is on track to complete Phase I by September 2026. The ropeway is set to be India’s longest passenger aerial monocable covering 5.8 km between the foothills of Dehradun in Purkulgam and MDDA taxi stand in the hills of Mussoorie in just under 20 minutes. The firm pioneered green mobility solutions in India with the development of the flagship Skyview Gondola in Jam..

Next Story
Technology

Creativity is for Humans, Productivity is for Robots!

On most construction sites, the rhythm of progress is measured by the clang of steel, the hum of machinery and the sweat of thousands. But increasingly, new sounds are entering the mix: the quiet efficiency of algorithms, the hum of drones overhead, and the precision of robotic arms at work. Behind the concrete and cables, an invisible force is taking hold: data. It is turning blueprints into living simulations, managing fleets of machines, and helping engineers make decisions before a single brick is laid. This is not the construction of tomorrow; it is the architecture of today – built on ..

Next Story
Infrastructure Urban

Bhartiya Urban Unveils ‘Bhartiya Converge’ GCC Enablement Platform

Bhartiya Urban has launched Bhartiya Converge, its latest business venture designed to become India’s premier platform for enabling Global Capability Centres (GCCs). The initiative offers an integrated ecosystem aimed at helping global clients gain a competitive edge in today’s rapidly evolving business environment. Focused on enhancing turnaround time and operational efficiencies, the company seeks to deliver better business outcomes powered by top-tier talent. Bhartiya Converge presents a customised and integrated suite of microservices that addresses the nuanced and evolving operational..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?