Incorporated way back in year 1998, IRB Infrastructure Developers Ltd. has become India’s leading and one of the largest Infrastructure Developing Company in BOT Space, committed to the Roads & Highway sector. Ever since the first ever project completed by the Company, is actions have been guided by the sole objective of delivering value.
Over the years, it has reinforced commitment by delivering large, technically complex projects across India, on difficult terrains and in a tough industry environment. Building seamless connections and facilitating Socio-Economic-Cultural developments, the company is proud to be part of India’s transformation.
Business area of the company
IRB Infrastructure Developers is among India’s leading infrastructure developers specialising in roadways and highways. It enjoys robust in-house integrated project execution capabilities - Engineering, Procurement and Construction (EPC) and Operation and Maintenance (O&M) - across all its business verticals.
Products & services offered by the company
Highway Projects
BOT Projects
HAM Projects
TOT Projects
Airport Divison
Equipment & Technology
Awards
FY 2018-19
ET Edge Maharashtra Achievers’ Award 2018 - Best Infra Person of the Year
Asia's Dream Company to Work for Award 2018
Construction Times Awards 2018 - Best BOT Project of the Year - Solapur-Yedeshi Project
EPC Company of the Year 2018 Award conferred on by the EPC World
EPC World Award 2019 - BEST EPC Company of the Year
National Best Employer Brand in Construction and Engineering Sector at the World HRD Congress
FY 2019-20
Young Turk of the Year- Mr. Virendra D. Mhaiskar, Chairman & Managing Director of IRB, was chosen as the “Young Turk of the Year” at the 6th Edition of CNBC TV18 India Business Leader Awards presented by Honorable Finance Minister, Shri Prana Mukherjee on December 11, 2010 at Mumbai.
FinanceAsia Achievement Award 2017- Best India Deal’ Award by Hong Kong based FinanceAsia, on successfully launching and listing India’s first InvIT IPO and raising Rs 50 billion.
ET Edge Maharashtra Achievers’ Award 2018 was conferred on to Shri Virendra D. Mhaiskar. Chairman & Managing Director, IRB Infrastructure Developers Ltd.,as ‘The Best Infra Person of the Year’ for his visionary leadership as well as valuable contribution to the Infrastructure Sector.
Construction Times Award by Construction Times & Equipment Times, for Solapur Yedeshi Project under category - Best BOT (Road Project of the Year) 2018.
National Best Employer Brand in the construction and engineering Sector at the World HRD Congress
CNBC TV 18 Essar Steel Infrastructure Excellence Award IRB has been awarded the CNBC TV18 Essar Steel Infrastructure Excellence Award in the Highways & Flyovers category for Mumbai - Pune section of National Highways (NH-4). This award was in recognition of the high-quality work implemented on the development and maintenance of the Mumbai-Pune section of NH-4.
Milestones
1998
2004
2006
2008
2009
First ever Airport Project in IRB’s portfolio
Greenfield Airport Project in Sindhudurg, Maharashtra.
Project Development Agreement executed with MIDC
Awarded Surat - Dahisar Project, the first mega highway project of the country
Awarded Integrated Road Development (IRD) programme in Kolhapur city
Awarded 3 National Highways Authority of India (NHAI) Projects:
Amritsar - Pathankot,Punjab
Talegaon - Amravati, Maharashtra
Jaipur - Deoli, Rajasthan
2010
2011
2013
2014
Acquired M.V.R. Infrastructure and Tollways Pvt. Ltd
Awarded 3 NHAI Projects on DBFOT Pattern
Soalpur - Yedeshi (Maharashtra)
Yedeshi - Aurangabad (Maharashtra)
Kaithal -Rajasthan Border (Rajasthan)
2015
Awarded project of Six Laning of Agra - Etawah section of NH-2
Successfully raised Rs 4,400.06 million by way of QIP
2016
Awarded 3 Nos. of Six Laning Projects of NHAI on DBFOT Pattern in the state of Rajasthan
Udaipur to Gujarat Border section on NH-8
Gulabpura to Chittorgarh section on NH-79
Kishangarh to Gulabpura section of NH-79
2017
Achieved COD for Kaithal - Rajasthan Border four laning highway project.
Successfully Launched India’s first ever Infrastructure Investment Trust Fund and raised Rs 5032 crore
Executed Concession Agreement with NHAI for Kishangarh - Gulabpura Section of NH-79 & NH-79A
2018
Bagged Hapur - Moradabad Bypass Project of 99.867 Kms under BOT space in UP, with Cost Outlay of Rs 3,400 crore
Bagged Padra - Kim project of 23.740 Kms stretch on upcoming Vadodara - Mumbai Expressway in Gujarat under Hybrid Annuity (HAM) with Cost Outlay of Rs 2,043 crore
Achieved COD for Solapur - Yedeshi four laning highway project in Maharashtra
2019
2020
Bagged Gandeva - Ena project of 27.500 Kms stretch on upcoming Vadodara - Mumbai Expressway in Gujarat, under the Hybrid Annuity Model (HAM) with Cost Outlay of Rs 1,755 crore
Achieved Financial Closure for prestigious Mumbai Pune Expressway Concession through a single largest debt tie-up of Rs 6,610 crore, in the stipulated time, amidst COVID-19 pandemic
Upfront payment of the 1st Installment of Rs 6,500 crore made to the MSRDC out of the total consideration of Rs 8,262 crore
Achieved COD for its Goa/Karnataka Border - Kundapur four laning highway project
Bagged prestigious Mumbai - Pune Expressway and Old Mumbai Pune NH-48 Projects under Toll-Operate-Transfer model.
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