IRB Infra Trust Wins NHAI TOT Project in Uttar Pradesh
ROADS & HIGHWAYS

IRB Infra Trust Wins NHAI TOT Project in Uttar Pradesh

IRB Infrastructure Trust has recently secured a toll operate and transfer (TOT) project from NHAI in Uttar Pradesh for an upfront payment of Rs 92.7 billion. The award falls under NHAI’s ongoing asset monetisation programme.
The Letter of Award covers a 366-km bundle comprising stretches of the Lucknow–Ayodhya–Gorakhpur corridor on NH-27 and part of the Lucknow–Varanasi corridor on NH-731. The concession will be revenue-linked and span 20 years, according to IRB Infrastructure Developers, which manages the InvIT.
IRB Infrastructure Trust, sponsored by IRB Infrastructure Developers, remains one of India’s largest private toll road and highways developers, with an asset portfolio exceeding Rs 800 billion across 12 states through its parent entity and two InvITs.

IRB Infrastructure Trust has recently secured a toll operate and transfer (TOT) project from NHAI in Uttar Pradesh for an upfront payment of Rs 92.7 billion. The award falls under NHAI’s ongoing asset monetisation programme.The Letter of Award covers a 366-km bundle comprising stretches of the Lucknow–Ayodhya–Gorakhpur corridor on NH-27 and part of the Lucknow–Varanasi corridor on NH-731. The concession will be revenue-linked and span 20 years, according to IRB Infrastructure Developers, which manages the InvIT.IRB Infrastructure Trust, sponsored by IRB Infrastructure Developers, remains one of India’s largest private toll road and highways developers, with an asset portfolio exceeding Rs 800 billion across 12 states through its parent entity and two InvITs.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code