IRB Infrastructure Trust To Pay 30.87 Billion Rupees For 20-Year Concession

IRB Infrastructure Trust, backed by IRB Infrastructure Developers, has announced that it will pay 30.87 billion rupees to secure a 20-year concession from the National Highways Authority of India (NHAI). The trust has been selected as the successful bidder under the Toll-Operate-Transfer (TOT) model, which allows private players to operate and maintain highway stretches while collecting toll revenues.  

The concession agreement is expected to provide stable cash flows and reinforce IRB’s position as a leading player in India’s road infrastructure sector. With this deal, IRB continues to expand its portfolio of highway projects, aligning with the government’s push for public-private partnerships in infrastructure development.  

Key Highlights  

• IRB Infrastructure Trust to pay 30.87 billion rupees for concession  
• Concession period spans 20 years under the TOT model  
• Selected as winning bidder by NHAI  
• Deal expected to generate stable long-term cash flows  
• Strengthens IRB’s leadership in highway development and operations  

Final Takeaway  
The successful bid by IRB Infrastructure Trust highlights the growing role of private investment in India’s infrastructure sector. By securing this concession, IRB reinforces its long-term growth strategy and contributes to the modernization of the country’s highway network.  

Sources: Reuters, Economic Times, Business Standard