SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

IRB Infrastructure Developers’ arm executes concession agreement with NHAI

05 Mar 2014 Evaluate

IRB Infrastructure Developers’ Wholly-owned Subsidiary- Solapur Yedeshi Tollway  has executed Concession Agreement with NHAI for the project of Four Laning of Solapur to Yedeshi section of NH-211 from km 0.000 to km 100.000 (Design Length 98.717 km) in the State of Maharashtra under NHDP Phase IV on Design, Build, Finance, Operate and Transfer (DBFOT) (Toll) Basis.

The estimated Project Cost of the Company is approximately Rs. 1500 crore. The Concession period for the Project is 29 years. The construction is scheduled to be completed in 910 Days. IRB has sought Rs. 189 crore as Viability Gap Funding from NHAI. 

The company’s Wholly-owned Subsidiary - IRB Westcoast Tollway has received Appointed Date from NHAI in terms of the Concession Agreement executed with NHAI for the project of Four Laning of Goa/Karnataka Border to Kundapur section of NH-17 from Km 93.700 to Km 283.300 in the State of Karnataka under NHDP phase IV on Design, Build, Finance, Operate and Transfer (Toll) Basis (the Project). Subsequently, the SPV has commenced construction on the Project. 

The estimated Project Cost of the Company is approximately Rs. 2639 crore. The Concession period for the Project is 28 years. The construction is scheduled to be completed in 910 Days. IRB has sought Rs. 536 crore as Viability Gap Funding from NHAI. Achieved Financial Closure and tied up Project finance of Rs. 1,406 crore from a Consortium of Public Sector Banks.

IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.

IRB Infra.&Developer Share Price

21.44 -0.18 (-0.83%)
30-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4143.95
Kalpataru Projects 1369.95
Rail Vikas Nigam 235.95
NCC 148.10
KEC International 521.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: