Archive · 7 Jan 2026
IRB Infra Wins ₹3,087 Crore NHAI Toll Project
IRB Infrastructure Trust, a company that builds and manages roads, has won a big project worth ₹3,087 crore from the National Highways Authority of India (NHAI).
This project is for a 74.5 km stretch of road in Odisha, where they will collect tolls, operate, and maintain the road for 20 years.
The company will pay NHAI a large fee upfront to get the rights to this project.
This is not their first big project; they recently won another large project in Uttar Pradesh worth ₹9,270 crore.
The company's shares were slightly down on the day this news was announced.
Another company, AB Infrabuild, also announced that they won two new orders worth ₹62.18 crore, which is good news for their investors.
IRB Infrastructure Trust wins ₹3,087 crore toll project from NHAI for the Chandikhole–Bhadrak section in Odisha.
The project involves tolling, operation, maintenance, and transfer of a 74.5 km stretch of National Highway-16 for 20 years.
The trust will pay an upfront concession fee of ₹3,087 crore to NHAI to secure the project.
Shares of IRB Infrastructure closed 0.88% lower on the day of the announcement.
AB Infrabuild secures two new orders worth ₹62.18 crore, including one from East Coast Railways and another from MP Road Development Corporation.
- Who
- IRB Infrastructure Trust
- What
- Won a ₹3,087 crore toll project from NHAI
- When
- January 6
- Where
- Chandikhole–Bhadrak section, Odisha
- Why
- To secure tolling rights for 20 years
- Project Value
- ₹3,087 crore
- Project Location
- Chandikhole–Bhadrak section, Odisha
- Project Duration
- 20 years
- Project Length
- 74.5 km
- Company
- IRB Infrastructure Trust
- NHAI Bundle
- TOT-18
- Share Price Change
- 0.88% lower
Sources
IRB Infra bags ₹3,087 crore NHAI toll project in Odisha
3600% rally in 5 years! AB Infrabuild stock to be in focus on Wednesday after securing two orders worth ₹62 crore
Mulitbagger small-cap stock under ₹20 surges 4.5% on multiple orders, hits 2-week high