08 Aug 2024
9 Min Read
CW Team
The company has reported 37 percent y-o-y toll collection growth in the opening month of second quarter of FY25, i.e., July 2024, against the corresponding month of FY24. The company’s July 2024’s toll collection is Rs 4.99 billion against Rs 3.65 billion in July 2023.
Commenting on the occasion, Amitabh Murarka, Deputy Chief Executive Officer of IRB Infrastructure Developers, said, “The second quarter has begun positively, with a 37 percent increase in toll collection compared to the same period last year. New additions to our portfolio are also contributing well. With a normal monsoon forecast, we expect continued strong traction in toll collection going forward.”
The toll collection details project and SPV wise are as follows:
Sr. No | Company Name | July 2024 (Rs. In Mn) |
July 2023 (Rs. in Mn) |
Relationship with Entities |
---|---|---|---|---|
1 | IRB MP Expressway (Mumbai Pune Expressway & Old Mumbai Pune Highway NH4) | 1352 | 1349 | Wholly – owned Subsidiaries |
2 | IRB Ahmedabad Vadodara Super Express Tollway (Ahmedabad Vadodara Expressway NE1 & Highway NH48) |
584 | 537 | Joint-Ventures Entities under the IRB Infrastructure Trust (Private InvIT) |
3 | CG Tollway (Chittorgarh to Gulabpura NH79) |
305 | 301 | |
4 | Udaipur Tollway (Udaipur to Shamlaji NH48) |
256 | 230 | |
5 | Palsit Dankuni Tollway (Palsit to Dankuni NH19) |
135 | 129 | |
6 | AE Tollway (Agra to Etawah NH19) | 194 | 185 | |
7 | Yedeshi Aurangabad Tollway (Yedeshi to Aurangabad NH211) | 203 | 229 | |
8 | IRB Hapur Moradabad Tollway (Hapur to Moradabad NH 9) | 223 | 182 | |
9 | Kaithal Tollway (Kaithal to Rajasthan Border NH152/65) | 107 | 112 | |
10 | Kishangarh Gulabpura Tollway (Kishangarh to Gulabpura NH79A & NH79) | 190 | 196 | |
11 | IRB Westcoast Tollway (Karwar to Kundapura NH66) | 87 | 90 | |
12 | Solapur Yedeshi Tollway (Solapur to Yedeshi NH211) | 101 | 111 | |
13 | IRB Golconda Expressway (Hyderabad Outer Roing Road) | 633 | – | |
14 | Samakhiyali Tollway (Samakhiyali to Santalpur NH27) | 110 | – | |
15 | IRB Lalitpur Tollway (Lalitpur Lakhnadon NH44 – TOT 12) | 345 | – | |
16 | IRB Kota Tollway (Kota Bypass – TOT 13) | 63 | – | |
17 | IRB Gwalior Tollway (Jhansi Gwalior NH44 – TOT 13) | 100 | – | |
Total | 4988 | 3651 |
About IRB Infrastructure Developers
IRB Infrastructure Developers (IRB) is India’s first Integrated Multi-National Transport Infrastructure Developer in the roads and highways segment. The company has acquired ISO certification in Quality (ISO 9001); Environment Management (ISO 14001), Occupational Health and Safety (ISO 45001) and IT Security (ISO 27001) from the ISOQAR, United Kingdom.
As the largest integrated private toll roads and highways infrastructure developer in India, IRB has an asset base of approximately Rs 800 billion in 12 states across the parent company and two InvITs.
The company has a strong track record of constructing, tolling, operating, and maintaining around 18,500 lane km pan India in its existence of more than 25 years in India; of which 15,500 lane kms are under operations at present. The group commands a market share of around 38 percent in the TOT space. It also comprises 12 percent share in India’s North South highway connectivity.
After successfully completing 13 concessions and handing over them to the nodal agencies, at present, IRB Group’s project portfolio (including Private and Public InvIT) has now 26 road projects that include 18 BOT, four TOT and four HAM projects.
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com