Udaipur Tollway Ltd., the special purpose vehicle (SPV) of India’s leading highway infrastructure developer, IRB Infrastructure Developers, has achieved full commercial operation date (COD) for its Udaipur-Gujarat Border six-lane highway project in Rajasthan. The National Highway Authority of India (NHAI) has issued a completion certificate to the company, enabling the collection of toll at full...
Tag: IRB Infrastructure Developers
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IRB Infra surges over 5% on strong results
The shares of IRB Infrastructure Developers have surged as much as 5.2 per cent to Rs 204 with a 5 per cent increase in net profit at Rs 2.5 billion for the quarter ended June 30, 2018, against Rs 2.38 billion in the previous yearÂ’s quarter.
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Road Widening Under Progress
The last two decades witnessed highway infrastructure being developed on a massive scale in the country. Now the government has unveiled another huge new highway development programme (covering 83,000 km) under the Bharatmala Pariyojana, which will see a paradigm shift in highway development with focus on improving the efficiency of the national corridor and a long-term view on the highways network.
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Infra-vestment | Follow the Money
India will need $1.5 trillion of investment in infrastructure over the next 10 years. Of this nearly $10 billion is required in sewage treatment plants. Similarly, about $8 billion is required to be invested in ensuring regular drinking water supply.
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CW Annual Awards | India´s Fastest Growing Construction Companies Unveiled and Awarded
Mumbai: Seventeen winners, 300 attendees, and for the first time, the CW Annual Awards went live and recorded an online viewership of over 3,500 from India and across the world. This was the 14th Construction World Annual Awards 2016, organised on October 21st at Hotel Four Seasons in Mumbai.
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RB Infra plans to raise Rs.6,000 crore through InvITs
In what could be the first fund-raising exercise through Infrastructure Investment Trusts (InvITs), toll road builder IRB Infrastructure Developers is planning to raise Rs.5,000-6,000 crore and is expected to file the draft red herring prospectus (DRHP) within a month.
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RB Infra plans to raise Rs 6,000 crore through InvITs
In what could be the first fund-raising exercise through Infrastructure Investment Trusts (InvITs), toll road builder IRB Infrastructure Developers is planning to raise Rs 5,000-6,000 crore and is expected to file the draft red herring prospectus (DRHP) within a month.
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IRB Infra wins MSRDC contract
IRB Infrastructure Developers has won a Rs 1,687 crore project from Maharashtra State Road Development Corporation (MSRDC) for operation and maintenance ofan expressway along with a stretch of Mumbai-Pune NH 4.
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IRB bags toll road order
IRB Infrastructure Developers has received 'letter of award' from the National Highways Authority of India for four laning the Yedeshi-Aurangabad section of NH-211 totalling about 190 km
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Pre-bid meeting for Navi Mumbai airport
About 20 companies participated at the pre-bid conference for the Navi Mumbai International Airport project. This was the first meeting after the City and Industrial Development Corporation (CIDCO) had floated the request for qualification (RFQ) for the proposed airport.
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