IRB Infrastructure Signs Key Agreements to Manage Tollway Projects

IRB Infrastructure Developers Ltd has formalized project implementation and management agreements with IRB InvIT Fund, enabling it to serve as the Project Manager for three major tollway projects: IRB Hapur Moradabad Tollway Limited (HMTL), Kaithal Tollway Limited (KTL), and Kishangarh Gulabpura Tollway Limited (KGTL). These agreements follow an earlier disclosure made on May 30, 2025, and pertain to projects transferred from the IRB Infrastructure Trust.

The total project cost across these assets is estimated at ₹4,466 crore. As Project Manager, IRB Infrastructure will oversee execution, operations, and maintenance, ensuring compliance with regulatory and performance standards. This strategic move is expected to enhance IRB’s asset management capabilities and streamline project delivery timelines.

Key highlights and major takeaways

• Agreements executed with IRB InvIT Fund for project management  
• Projects include HMTL, KTL, and KGTL tollways  
• Total project cost: ₹4,466 crore  
• IRB to manage execution, operations, and maintenance  
• Strengthens IRB’s role in national infrastructure development  
• Follows earlier disclosure dated May 30, 2025  
   

Sources: IRB Infrastructure Developers Ltd, InvestyWise, IRB Infra Trust