IRB.NSE News
PM Modi Unveils 594-km Ganga Expressway, Boosting Connectivity in UP
HARDOI: Prime Minister Narendra Modi on Wednesday inaugurated the 594-km Ganga Expressway, one of India’s largest greenfield infrastructure projects that was completed in less than 3.5 years, connecting Meerut with Prayagraj in Uttar Pradesh. The project will reduce travel time from about 11 hours to nearly six hours and open new economic opportunities across the state. The expressway has deployed AI-enabled camera systems to provide advanced alerts and enhance road safety. A 3.5 km stretch in Shahjahanpur district has been developed as a dedicated Emergency Landing Facility (ELF) for the Indian Air Force (IAF), facilitating aircraft landing and strengthening the corridor’s strategic capabilities. Spanning 12 districts, the six-lane expressway, expandable to eight lanes, will improve access to markets, healthcare, education and tourism hubs. For families, this means quicker access to essential services, and for businesses, faster connections to markets, the press release stated. Adani Road Transport Limited (ARTL), the roads arm of Adani Enterprises Limited (AEL), developed 464 km, or nearly 80 per cent of the alignment, deploying over 12,000 workers at peak construction.
cityfalcon.com
India opens $4 billion expressway spanning 600 km in most populous state
NEW DELHI: Indian Prime Minister Narendra Modi opened one of the country’s longest expressways on Wednesday, connecting 12 districts over nearly 600 km (370 miles) in the most populous state of Uttar Pradesh. Here are some details: The expressway has been built at a cost of 362.30 billion rupees ($3.82 billion) by Adani Enterprises and IRB Infrastructure Developers. The six-lane greenfield corridor, the longest in the northern state, will significantly reduce the time taken to travel from Meerut in the east to Prayagraj in the west, covering 594 km. Indian Bank to launch over $500 million infrastructure debt issue next week, MD says Named after the holy Ganga river that flows through the state, the government expects the expressway to be a Launchpad for industrial corridors. The Indian government has significantly increased its spending on infrastructure after the COVID-19 pandemic, with a record 12.2 trillion rupees allotted for spending in this year’s budget. A slew of recent projects connecting major cities have been part of a broader push by the government to enhance agricultural and industrial development and boost tourism in cities and towns.
cityfalcon.com
IRB Infrastructure Commences Tolling On TOT-18 Project, Invests ₹3,087 Crore For 20-Year Concession
IRB Infrastructure Developers Ltd., through its trust, began toll collection on the Chandikhole–Bhadrak NH-16 stretch from April 1, 2026. The project involved an upfront concession fee of Rupees 3,087 crore and granted tolling rights for 20 years, marking the group’s entry into Odisha and expanding its national highway portfolio.
cityfalcon.com
Stocks in news: HDFC Bank, IRB Infrastructure, Nitco, Indigo, Amber Enterprises, Sula Vineyard, Brand Concepts
Indian frontline indices closed sharply lower on Monday, with the Nifty and Sensex experiencing significant drops due to a sell-off in banking, auto, and consumer stocks. Escalating geopolitical tensions, rising crude oil prices, and a weakening rupee further impacted market sentiment.
cityfalcon.com
VIDEO: Massive Traffic Congestion Returns To Mumbai–Pune Expressway After Lane Closure For Repair Work; Commuters Hit By Long Delays
Traffic congestion hit the Mumbai–Pune Expressway again after a Pune-bound lane was closed for repair work by IRB Infrastructure. Commuters faced long delays, prompting highway police to regulate movement and allow U-turns. Traffic improved after intervention by authorities.
cityfalcon.com
IRB Infrastructure Acquires Gandeva Ena HAM Highway Assets For ₹1,200 Crore
IRB Infrastructure Developers announced on February 2, 2026, that its sponsored IRB InvIT Fund has completed the acquisition of Gandeva Ena (VM7) HAM highway assets valued at approximately Rs 1,200 crore. Part of the upcoming New Delhi-Mumbai Greenfield Expressway in Gujarat, the deal expands the InvIT
cityfalcon.com
Budget 2026: L&T, Adani Ports and other infra stocks jump up to 4% on big capex hike to Rs 12 lakh crore
Indian infrastructure stocks rose after the Union Budget 2026 boosted FY27 capital expenditure to ₹12.2 lakh crore, supporting growth in roads, railways, ports, power, and urban projects. L&T, Adani Ports, IRB Infrastructure and KEC International gained as higher public spending reinforced long-term order book visibility and sector optimism.
cityfalcon.com
IRB Infrastructure Posts 16% Year-On-Year Rise In Toll Revenue To ₹716 Crore In November 2025
IRB Infrastructure on Tuesday posted a 16 per cent year-on-year rise in its toll revenue to Rs 716 crore in November 2025.Of its total 22 BOT (Build, Operate, Transfer) and TOT (Toll, Operate, Transfer) Assets, IRB MP Expressway in Maharashtra contributed the major share of Rs 158.6 crore to the total revenue collection in November 2025, up from Rs 146.4 crore in November 2024.
cityfalcon.com
IRB Infrastructure Approves Sale Of Delhi Mumbai Greenfield Expressway Project's Part To InvIT Fund For ₹513 Crore
IRB Infrastructure said its board has approved the sale of its Gandeva Ena (VM7) hybrid annuity model project, which forms part of the upcoming Delhi Mumbai Greenfield Expressway Project, to IRB InvIT Fund for Rs 513 crore.The Gandeva Ena HAM Project is an eight-laning revenue-generating stretch in the State of Gujarat under NHAI
cityfalcon.com
IRB Infrastructure shares soar 7% on Rs 9,270 crore project win
IRB Infrastructure shares rose sharply on Monday after the company bagged NHAI’s Rs 9,270-crore TOT-17 project, its highest-valued 20-year monetisation award. The award covers 366 kilometres across the Lucknow–Ayodhya–Gorakhpur corridor on NH-27, along with a section of the Lucknow–Varanasi route on NH-731. The order win is being seen as a major boost to IRB’s portfolio, toll revenue outlook and asset base.
cityfalcon.com