Infra & capital goods Q1 preview: Strong order inflows likely; execution, demand outlook in focus
Volumes from both domestic and key export markets are also likely to be better, say analysts.
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Volumes from both domestic and key export markets are also likely to be better, say analysts.
The road assets are likely to be valued at Rs 6000-7000 crore and NHAI will be auctioning them under Operation, Maintenance and Transfer (TOT) Model. The road assets include Kota Bypass (NH76) and 81-km long Gwalior-Jhansi (NH75) ; and 60-km long Delhi-Meerut Expressway.
The subsidiary company has entered into agreement with Yellowstone DRC SARL, a private company incorporated in DRC.
IRB Infra said the first quarter of FY24 was positive due to trend seen in aggregate toll revenue. It expects a similar momentum for the rest of FY24.
IRB Infra and its private InvIT's toll revenue has grown 16 percent in June at Rs 383 crore from the year-ago period