How it started
History
IRB Infrastructure executed India's first ever BOT (build-operate-transfer) project, the Thane-Bhivandi Bypass. Over the years, its BOT portfolio (operational projects and projects under construction) in the country grew to a total length of around 12,000-lane km. IRB executed projects like the four-laning of the Goa-Karnataka border from Karwar to Kundapur section of NH66, Agra-Etawah Bypass project, Udaipur-Rajasthan NH8 project, and Kaithal to Rajasthan NH152 project.
In 2009, IRB Infra won the bid to develop the greenfield Sindhudurg Airport in the Sindhudurg district of Maharashtra on a build-operate-transfer basis.
In July 2011, IRB Infrastructure signed an agreement to develop a 102.3 km section in the Ahmedabad-Vadodara NH8 into six lanes from the existing four lanes. The project also included improvement of a 93.302 km section of the existing Ahmedabad – Vadodara Expressway (NE 1), on a Design Building Finance Operate and Transfer (DBFOT) basis.
In 2012, IRB acquired Tamil Nadu based BOT road builder MVR Infrastructure and Tollways for ₹130 crore.
IRB Infrastructure acquired the Mumbai-Pune Expressway and the Mumbai-Pune National Highway, which was concluded under the supervision of Maharashtra State Road Development Corporation (MSRDC).
From Wikipedia’s article on IRB Infrastructure, shared under CC BY-SA 4.0.2