At IRB, we are excited by India’s future potential and see a larger role for ourselves in creating new pathways of progress for the nation.
Number of kms in BOT portfolio
Total flyovers built
Total bridges (railway over bridges, major and minor bridges) built
One of the largest BOT project portfolio in the roads and highways sector aggregating 10,036 Lane Kms*
23* BOT projects, of which 17** are operational
Strong financial track record and relationship with leading financial institutions
2014-15 has been an important year for India for credible reasons.
On the one hand, the country elected a majority government at the Centre after nearly three decades, leading to considerable optimism. On the other hand, the economic fundamentals of the country began to strengthen with dynamism across all sectors of the economy. It is encouraging to note that the government has proactively identified infrastructure creation and up-gradation as the key area of focus to accelerate the pace of India’s 2.1 trillion dollar economy.
The year was also significant for the road infrastructure sector. After witnessing a sharp decline in the BOT projects awarded for two successive years, during the year we saw a gradual momentum in the projects awarded. During FY 2014-15 around 3,060 kms of national highways were awarded by NHAI compared to 1,435 kms in the year before. The Ministry of Road Transport and Highways has announced an ambitious target to increase this rate to 30 kms per day in next three years.
Virendra D. Mhaiskar
Chairman & Managing Director
Six laning of Agra-Etawah Bypass (NH-2)
In May 2015, IRB emerged as a preferred bidder for a six-laning project of Agra-Etawah Bypass section of NH-2 (from 199.600 kms to 323.525 kms) in Uttar Pradesh.
Estimated project cost