The journey of IRB Infrastructure, one of the leading road and highway building companies in India, has been all about persistence, untiring efforts, and unwavering focus. All these qualities have enabled the company to emerge as a bigger and stronger organization over the years.
Treading through land acquisition challenges, environment clearances, tough terrains, global economic meltdown, rising interest rates, and raw material prices, IRB Infrastructure in the developing world. The company today boasts of 22 BOT projects in its portfolio, out of which 14 projects are in operation.
IRB Infrastructure also has 18.79 percent share in The Golden Quadliteral Project. The company’s total value of assets in operation and under implementation stands at Rs 34,493 crores. It also has a cumulative lane km of Rs 11,828 in BOT portfolio.
Outlining the successful operations and creation of new milestones, IRB’s 19-year long journey is a testimony to its prodigious execution abilities. From 28 lane kms in FY 1998-1999 to 11,828 lane kms in FY 2016-17, the company has repaid the immense confidence of shareholders. The order book of the company currently stands at Rs 9,959 crores.
The continuous efforts of IRB Infrastructure have led to the creation of a strong project team, enhancing construction equipment infrastructure and operational efficiency. Emerging as a holistic integrated surface transport developer, the company believes in growing stronger by setting new goals. Having become the first company to set-up an Infrastructure Investment Trust (InvIT) in the country, the company is transferring its stabilized assets to these trusts to unlock the capital and bid for new projects.
Making a mark in the road infrastructure sector with the construction of every kilometer, IRB Infrastructure Developers Ltd is contributing towards the government’s objective of expediting the road development program, for addressing the country’s infrastructure-gap, which is critical for sustaining its economic growth momentum in the longer run.