Business Standard

IRB Infra total toll collection rises 27% to Rs 351.75 cr in February

The company had reported the toll collection at Rs 277.47 crore in February 2022, it said in a statement

The authority had estimated around Rs 4,995 crore from monetisation of this tranche of 566 km of highways under the TOT model, sources said. The first bundle of the monetisation programme gave NHAI Rs 9,682 crore

Representative Image

Press Trust of India New Delhi

IRB Infrastructure Developers on Thursday said its total toll collection across all projects has increased 27 per cent year-on-year to Rs 351.75 crore in February 2023.

The company had reported the toll collection at Rs 277.47 crore in February 2022, it said in a statement.

IRB Infrastructure Developers Chairman & Managing Director Virendra D Mhaiskar said that the February 2023 toll collection on all the corridors has once again revealed the consistency and robustness in the growth over last year; thus, reflecting India's economic stability in the post-pandemic era.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 09 2023 | 8:12 PM IST

Explore News