IRB Infrastructure Trust SPVs make payment of Rs 6,111 crs t

IRB Infrastructure Trust SPVs make payment of Rs 6,111 crs to NHAI for TOT projects

IRB Infrastructure Trust, an affiliate of IRB Infrastructure Ltd, announced on Monday that its special purpose vehicles (SPVs) have made an upfront payment of Rs 6,111 crore to the National Highways Authority of India (NHAI) for toll operate transfer (TOT) projects. This payment includes Rs 4,428 crore for TOT12 and Rs 1,683 crore for TOT13.

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