IRB Infrastructure Developers Limited is a road BOT operator. The company's principal activity is the construction and maintenance of roads. Its business segments include road infrastructure projects, which includes development and operation of roadways; real estate, which includes real estate development; and others, which includes windmill (sale of electricity generated by windmill), hospitality and airport infrastructure. Its construction business complements its BOT vertical by executing engineering, procurement and construction, and O&M aspects of BOT concessions. It has a portfolio of over 20 road BOT projects. It has in-house integrated project execution capabilities in both its business verticals, including construction and O&M of highways. Its clients include government agencies such as National Highways Authority of India (NHAI) and state road development authorities, which develop highways.
Company Website: www.irb.co.in/home/
IRB Infrastructure Developers Limited – highway to growth
IRB bagged Mumbai-Pune Expressway ProjectIRB received the first tranche of investment of Rs 3,753 crore (US$ 536.99 million) from GIC affiliates.
|2019||Achieved COD for Yedeshi – Aurangabad four laning highway project in Maharashtra|
|2018||Shares of IRB developers rose by 5.6 per cent after company achieved financial closure of the project including four laning of Poondiyankuppam to Sattanathapuram section ofNH-45A within the timeline|
|2017|| IRB Infra the company completed the process of acquisition of remaining 26 per cent stake in M.V.R. Infrastructure And Tollways Pvt Ltd. IRB Infra received letter of award from National Highways Authority of India for hybrid annuity project under Phase VI in Gujarat. IRB Infra received letter of award from National Highways Authority of India for two hybrid annuity projects under National Highways Development Project (NHDP) Phase VI in Tamil Nadu. |
Successfully Launched India’s first ever Infrastructure Investment Trust Fund and raised Rs. 5032 crore (US$ 750.04 million)
|2012||IRB Infra acquired MVR Infrastructure & Tollways Pvt. Ltd|
|2011||Awarded “Ahmedabad Vadodara Project”, the first ever ultra-mega project of NHAI on BOT basis & DBFOT pattern in the state of Gujarat|
|2009|| First airport project in the IRB’s portfolio – greenfield airport project in Sindhudurg, Maharashtra. |
Awarded first Dahisar Project – first mega highway project in India.
IRB wins the CNBC TV 18 Essar Steel Infrastructure Excellence Award
|1998||IRB Infrastructure Developers was incorporated as a private limited company.|
Updated: May, 2019