IRB Infrastructure Developers’ special purpose vehicle (SPV) -- IRB MP Expressway has successfully achieved Financial Closure for its first and India’s largest toll-operate-transfer (TOT) project 'Mumbai Pune Expressway'. As a commitment towards the fee obligations in Concession Agreement, the company has made the payment of first tranche of Rs 6,500 crore as upfront sub concession fee to the Maharashtra State Road Development Corporation.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
