IRB Infrastructure Developers

Company description

IRB Infrastructure Developers Ltd. was incorporated to fund the capital requirements of the IRB Group initiatives in the infrastructure sector. The company undertakes the development of various infrastructure projects in the road sector through several Special Purpose Vehicles. The company, along with its subsidiaries has constructed, operated and maintained around 8,000 lane km of road length so far and is one of the major road developers in the country.

Company details

IRB Complex, Chandivali Farm, Chandivali Village, Andheri (East), Mumbai – 400 072

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • November 28, 2022

    Uttar Pradesh acquires 95% of land for Ganga Expressway PPP project

    The Government of Uttar Pradesh has announced the acquisition of almost 95% of the land required for the Ganga Expressway public-private partnership (PPP) project in India. As part of the projec...

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  • November 02, 2022

    IRB Infra and GIC invest in Ganga Expressway PPP project in India

    IRB Infrastructure Developers has announced the IRB Infrastructure Developers’ Ganga Expressway public-private partnership (PPP) Project in Uttar Pradesh has completed equity raise of...

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  • August 12, 2022

    Construction work to begin for USD4.52 billion Expressway PPP project in India

    The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) expects to begin groundworks for the Ganga Expressway project in Uttar Pradesh by September 30, 2022.

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  • April 12, 2022

    IRB Infrastructure begins construction for NH-19 Palsit to Dankuni Highway PPP project in West Bengal

    Palsit Dankuni Tollway Pvt. Ltd., a Special Purpose Vehicle (SPV) of IRB Infrastructure Developers Ltd., has received an Appointed Date from the National Highway Authority of India (NHAI) for its...

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  • January 12, 2022

    West Bengal BOT road concession achieves financial close

    Palsit Dankuni Tollway Pvt. Ltd, an SPV of IRB Infrastructure Developers Ltd, has achieved financial closure for its BOT project of 6 laning of NH19 corridor between Palsit to Dankuni i...

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  • January 07, 2022

    Cintra completes acquisition of 24.86% stake in IRB Infra

    Cintra has completed the acquisition of a 24.86% stake in Indian company IRB Infrastructure Developers. The transaction is valued at EUR369 million (US$419.17 million). IRB Infrastructure Develo...

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  • December 28, 2021

    India signs concession agreement for six laning of Chittoor - Thachur highway

    National Highway Authorities of India (NHAI) has executed concession agreement for six laning project of Chittoor-Thachur highway. Chittoor Thachur Highway Private Limited, a subsidiary of IRB in...

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  • November 02, 2021

    Cintra submits bid to acquire 24.90% stake in IRB infrastructure developers

    Cintra, the toll road subsidiary of Ferrovial, has filed a bid to acquire up to 24.9% of IRB Infrastructure Developers. The transaction represents an investment of around EUR364 million (US$420.8...

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  • April 13, 2021

    NHAI awards Pathankot - Mandi road PPP project

    National Highway Authority of India (NHAI) has issued a letter of award to IRB Infrastructure Developers for the road section PPP project in Himachal Pradesh. The development includes rehabi...

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  • December 28, 2020

    Nine bidders shortlisted for railway line privatization PPP in India

    Ministry of Railways (MOR) had invited Request for Qualifications (RFQ) for private participation in the operation of passenger train services over 12 Clusters comprising of more than 150 Origin Desti...

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