IRB Infrastructure Developers’ associate company -- IRB Infrastructure Trust has received Letter of Award from National Highways Authority of India (NHAI) for the project of Tolling, Operation, Maintenance and Transfer of Kota Bypass and Cable Stay Bridge on NH-76 (New NH-27) in the state of Rajasthan and Gwalior-Jhansi section from km 0.00 to km 103.000 (revised section Km. 16.000 to Km. 98.455) of NH-75 (New NH-44) in the State of Madhya Pradesh and Uttar Pradesh on Toll Operate and Transfer (TOT) Mode (TOT Bundle 13) (the Project). The IRB Infrastructure Trust to pay upfront Concession Fee of Rs 1,683 crore to NHAI for revenue linked Concession Period of 20 years.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.