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IRB Infrastructure Secures Long-Term Contract for Major TOT Highway Portfolio
IRB Infrastructure received an award letter from the National Highways Authority of India for the TOT-17 project, covering approximately 366 kilometers of national highway stretches to be managed under a revenue-linked arrangement for the next twenty years. The contract places responsibility on the concessionaire for operations, routine maintenance, and periodic upgrades aimed at improving corridor efficiency and safety standards. Market observers noted that long-tenure TOT assets provide predictable cash flows and support portfolio stability.
The development reinforces IRB’s position as a leading private-sector highway operator with a strong national footprint overall.
positive
IRB Infrastructure Secures Long-Term Contract for Major TOT Highway Portfolio
IRB Infrastructure received an award letter from the National Highways Authority of India for the TOT-17 project, covering approximately 366 kilometers of national highway stretches to be managed under a revenue-linked arrangement for the next twenty years. The contract places responsibility on the concessionaire for operations, routine maintenance, and periodic upgrades aimed at improving corridor efficiency and safety standards. Market observers noted that long-tenure TOT assets provide predictable cash flows and support portfolio stability.
The development reinforces IRB’s position as a leading private-sector highway operator with a strong national footprint overall.
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IRB Infrastructure won NHAI’s TOT-17 project, securing a 20-year revenue-linked contract to manage 366 km of highways, strengthening its long-term asset portfolio.
IRB Infrastructure received an award letter from the National Highways Authority of India for the TOT-17 project, covering approximately 366 kilometers of national highway stretches to be managed under a revenue-linked arrangement for the next twenty years. The contract places responsibility on the concessionaire for operations, routine maintenance, and periodic upgrades aimed at improving corridor efficiency and safety standards. Market observers noted that long-tenure TOT assets provide predictable cash flows and support portfolio stability.
The development reinforces IRB’s position as a leading private-sector highway operator with a strong national footprint overall.
IRB Infrastructure received an award letter from the National Highways Authority of India for the TOT-17 project, covering approximately 366 kilometers of national highway stretches to be managed under a revenue-linked arrangement for the next twenty years. The contract places responsibility on the concessionaire for operations, routine maintenance, and periodic upgrades aimed at improving corridor efficiency and safety standards. Market observers noted that long-tenure TOT assets provide predictable cash flows and support portfolio stability.
The development reinforces IRB’s position as a leading private-sector highway operator with a strong national footprint overall.
Companies:
IRB Infrastructure
Tags:
infrastructure
roads
infrastructure
roads
NHAI
india