IRB Infrastructure Owner (Virendra D Mhaiskar)- India’s first Infrastructure development company owner based on BOT Concept

Infrastructure, Top News

IRB Infrastructure owner

IRB Infrastructure Owner Virendra Mahiskar has India’s prime Build Operate Transfer (BOT) projects worth capital Rs 6,150,000,100. BOT is a state-of-the-art concept in which private sector takes the lead in building, operating, and transferring the ownership of the infrastructure projects, which are in the hands of the government. In most of the cases, it is seen that the government becomes their prime customer who assures the firm to take a considerable amount of the output received from the projects. This type of plan makes sure that the initial investment by the company is done in a reasonable time period. Virendra Mhaiskar, the IRB Infrastructure owner, knows how significant BOT is now. He understands that the model gives enough leverage to both the government and the company. It is beneficial for the government because it improves the infrastructure; meanwhile for an organization, it is an opportunity to grow, and showcase their expertise.

irb infrastructure owner

irb bot projects

The Build-Operate-Transfer model falls under the Public-Private-partnership model or PPP. This model is a contract with the government where multiple facets such as funding, planning, operation, construction and maintenance are handled by the private contractor.

IRB Infrastructure, led by Virendra Mhaiskar has so far took on some of the biggest challenges that have been aimed at developing the country’s roads. The company has the completion of the Thane-Bhiwandi bypass to its name. It is the first ever BOT project in India. The lane Kms for IRB Infrastructure under BOT stand at a total length of 12,000 Km. This includes both under construction and operational projects.

IRB Infrastructure Developers Ltd is one of the largest and most diversified companies which is globally acknowledged and accredited for its impeccable infrastructure projects. It is a well-known Infrastructure development company driven by IRB infrastructure owner, Virendra Mhaiskar. This company looks after the development of many infrastructure projects especially in road sector through SPV. IRB Infrastructure Pvt Ltd has completed various projects on the road covering almost 9,295 lane km of road length. This makes it a popular, and one of the best road developers in India. This spotless reputation of working in the infrastructure industry has given a bulk contract of BOT projects to IRB Infrastructure Developers Ltd. BOT projects comprise almost 95% of the IRB order book. An aggregate value of all of the BOT projects under IRB is approximately Rs 284,928 million. IRB Infrastructure Developers Ltd along with its subsidiaries, has successfully completed many projects, and some are still under operation.

Some of the successful BOT projects of IRB are given below:

  • KhambatkiGhat BOT Project
  • Bhiwandi Wada BOT Project
  • Kaman Paygon BOT Project

Latest BOT projects of IRB

  • Thane Bhiwandi Bypass 4 Lane Project (Phase I & II)
  • Kharpada Bridge BOT Project
  • Surat – Dahisar BOT Project
  • IRDP – Kolhapur BOT Project
  • Jaipur – Deoli BOT Project
  • Nagar – Karmala – Tembhurni BOT Project
  • Mohol – Kurul – MandrupKamti BOT Project
  • Pune- Solapur BOT Project
  • Nagar – Karmala – Tembhurni BOT Project
  • Pune – Nashik BOT Project
  • Mumbai – Pune BOT Project
  • Thane Ghodbunder BOT Project
  • Bharuch – Surat BOT Project
  • Omallur – Salem – Namakkal
  • Pathankot – Amritsar BOT Project
  • Talegaon – Amravati BOT Project
  • Tumkur Chitradurga BOT Project

IRB Infrastructure’s excellent project execution skills for timely delivery of the projects have earned lots of credentials for it to be India’s leading player in BOT space. Virendra D Mhaiskar has become the most sought-after person in the road developing business. The company has now diversified its interests and forayed into the HAM (Hybrid Annuity Model), another business model in the highways infrastructure

Last modified: January 24, 2019

27 Responses to :
IRB Infrastructure Owner (Virendra D Mhaiskar)- India’s first Infrastructure development company owner based on BOT Concept

  1. Aman Mehta says:

    Virendra Mhaiskar has turned into a persuasive figure for the Indian Youth. He has a solid determination surfaces whenever it is required.

  2. Sophia Seth says:

    Virendra mhaiskar has repeatedly proved that he will do what he believes in! He is an inspiration for all.

  3. Shilpa Seth says:

    Virendra mhaiskar is among the main businessmen in India. It was under his stewardship that IRB framework could compose numerous glorious chapters in Indian history.

  4. Tripti Gupta says:

    good going, sir!!

  5. Shibani Rathore says:

    Mr. ,Mhaiskar is a true inspiration for the youth in the world! At a very young age he is able to achieve which a lot of people fail to do.

  6. Shanu Sharma says:

    at a very young age, he has achieved everything.

  7. Lavanya Sharma says:

    Virendra Mhaiskar is a true inspiration for young people!

  8. Ishan Gupta says:

    Virendra Mhaiskar is indeed a successful man! He inspired me!!

  9. Preeti Pal says:

    IRB Infrastructure owner helps to grow India and doing a great job in the field or Indian Highways.
    Virendra D. Mhaiskar, Chairman and Managing Director holds a confirmation in structural building from Shriram Polytechnic, Navi Mumbai. As a Civil Engineer, he has hands on understanding of over 17 years in the development and foundation industry shockingly. He is in charge of growing new business, executing street development and BOT ventures. He is giving general vision and system to the Company.

  10. Deepika Khair says:

    Nice article. Talked a lot about IRB Infrastructure Owner Virendra Mhaiskar. Honestly, I am not really aware of how road development and maintenance is managed in India. But now after reading about IRB and the role such companies play in infrastructural development, I am quite excited to read about it more.

  11. Hemant Verma says:

    I guess BOT is the next thing in trend when we talk about road and highway development. It ensures quality is maintained and timelines are followed by private developers.

  12. juhi thakur says:

    IRB is really doing well as an organisation. I would definitely say the credit goes to IRB owner Virendra Mhaiskar for playing a key role in the success of his business. He has actually transformed the way roads are shaping up in India.

  13. Aarti Pahwa says:

    I aspire to become a successful real estate tycoon like Mr. Virendra Mhaiskar and for that I follow your articles regularly. Thumbs up for what you are doing for the society sir.

  14. Tushar Kapoor says:

    In a scenario where people are cribbing for malicious realty developers and their ill-practices, it’s good to read such a motivational piece, ensuring that ethical real estate developers do exist.

  15. Dhiraz Dhaiya says:

    Reading this article has given me an insight of infrastructural development under the umbrella of companies like IRB. Looking forward to read more about such developments.

  16. Mansi Chauhan says:

    Virendra Mhaiskar is taking up the toughest and longest projects in the country. This doesn’t happen without courage and dedication.

  17. Cheshta Aggarwal says:

    Rs 284,928 Million??? Wow! Great going IRB! I guess if the company continues to grow like this then it will certainly be the biggest highway developers in India.

  18. Tripti Garg says:

    Under the stubborn leadership of Mr. Virendra Mhaiskar, IRB Infrastructure has taken up big projects and delivered inside the time frame almost every time. All their projects are seamless and successful. I have seen
    a couple of highways made by them across the nation and I was very happy with the quality they had produced.

  19. Ritu Dhaiya says:

    No company has revolutionized BOT like how IRB Infrastructure owner Virendra Mhaiskar did. The list of their successful projects seems never-ending. All the best!

  20. Vicky Verma says:

    BOT seems to be a good step that IRB has taken up. Every business works for their own benefits, but this infrastructure company is actually changing the perspective. They are not just making profits, but also helping the government in the roadways construction.

  21. Aania says:

    It would be a pleasure to follow the footsteps of an inspirational leader of highest order.

  22. Anish says:

    IRB brought the BOT concept to our country by playing a key role at a stressful time.

  23. Aftab says:

    IRB’s list of projects is too long and the company is doing a great job to succeed in both favorable as well as alien conditions.

  24. Vikas Joon says:

    IRB has been shining under the leadership of Virendra D Mhaiskar. They have achieved so many feats. Well done!

  25. Mahima says:

    IRB has a history of working some of the prestigious projects throughout its journey. It is one of the best Infrastructure developing countries.

  26. Divesh says:

    I have been to the Mumbai-Pune project and it’s awesome to say the least. They have ensured quality work and world class finish.

  27. Ammy says:

    A lot to learn from this journey. It is time for India to more companies like IRB Infra to visualize the concept of make in India.

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