IRB Milestones

Home » IRB Milestones

2022

  • Palsit Dankuni BOT Project in West Bengal transferred to IRB Infrastructure Trust (Private InvIT), after Trust’s fund raise of Rs.243 Crores; the 10th Asset in the Private InvIT.
  • Achieved COD for Company’s first Hybrid Annuity project, Vadodara to Kim parting upcoming Vadodara Mumbai Greenfield Expressway

2021

  • Awarded prestigious Ganga Expressway Group 1 project from Meerut to Budaun in Uttar Pradesh
  • Awarded Chittoor Thachur HAM project in Tamil Nadu
  • The largest equity fundraise of up to INR 53,470 Millon by any Indian Road Developer, through preferential allotment of equity shares to the affiliates of Farrovial S.A. of Spain and GIC, Singapore
  • Achieved COD for Greenfield Airport in Sindhudurg, Maharashtra
  • Becomes first Toll Roads & Highways Developer in India to tap Offshore Bond markets
  • IRB Infra projects featured in Top 5 NHAI / MoRTH Rated & Ranked Highway Stretches
  • Achieved full COD for Udaipur – Shamlaji and Chittorgarh – Gulabpura Six Laning BOT Projects
  • Awarded Pathankot – Mandi HAM project in Himachal Pradesh
  • Awarded Dankuni – Palsit BOT project in West Bengal

2020

  • Achieved full COD for the Agra – Etawah six laning project
  • Awarded Gandeva – Ena HAM project in Gujarat
  • Achieved COD for Karwar – Kundapura four laning highway project
  • Re-awarded Mumbai – Pune Expressway and Old Mumbai Pune NH-48 Projects under TOT model.
  • Closed the largest deal with GIC Affiliates, Singapore towards investment in 9 BOT assets under the Private InvIT structure

2019

  • Achieved COD for Yedeshi – Aurangabad four laning highway project in Maharashtra

2018

  • Awarded Hapur – Moradabad BOT project in UP
  • Awarded Padra – Kim HAM project in Gujarat
  • Achieved COD for Solapur – Yedeshi four laning highway project

2017

  • Achieved COD for Kaithal – Rajasthan four laning highway project
  • Launched and listed IRB InvIT, India’s first Infrastructure Investment Trust Fund

2016

  • Awarded Udaipur – Shamlaji BOT project in Rajasthan
  • Awarded Gulabpura – Chittorgarh BOT project in Rajasthan
  • Awarded Kishangarh – Gulabpura BOT project in Rajasthan

2015

  • Awarded Agra – Etawah BOT project in UP
  • Raised ₹ 4,400.06 Mn by way of QIP

2014

  • Acquired M.V.R. Infrastructure and Tollways Pvt. Ltd
  • Awarded Solapur – Yedeshi BOT project in Maharashtra
  • Awarded Yedeshi – Aurangabad BOT project in Maharashtra
  • Awarded Kaithal – Rajasthan BOT project in Haryana

2013

  • Awarded Karwar – Kundapura BOT Project in Karnataka

2011

  • Awarded India’s first Ultra Mega Highway project, Ahmedabad – Vadodara BOT project in Gujarat

2010

  • Awarded Tumkur – Chitradurga BOT project in Karnataka.

2009

  • Awarded greenfield Airport project in Sindhudurg, Maharashtra, the first ever Airport Project in IRB’s portfolio
  • Awarded Surat – Dahisar BOT project, India’s first mega highway project
  • Awarded Amritsar – Pathankot BOT project in Punjab
  • Awarded Talegaon – Amravati BOT project in Maharashtra
  • Awarded Jaipur – Deoli BOT project in Rajasthan

2008

  • Launched IPO at issue price of Rs. ₹ 185.00 per share and raised INR 9,440 Millon

2004

  • Made upfront payment of ₹ 9,180 Mn to MSRDC for Mumbai – Pune Expressway project in Maharashtra

1998

  • IRB Infrastructure Developers Limited incorporated

1995

  • Awarded India’s first ever BOT project Thane – Bhiwandi Bypass in Maharashtra

1977

  • Ideal Road Developers Pvt. Ltd. incorporated
[bold_timeline_item_button title=”Expand” style=”” shape=”” color=”” size=”inline” url=”#” el_class=”bold_timeline_group_button”]