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

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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

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

  1. Avatar 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.

  2. Avatar 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.

  3. Avatar 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.

  4. Avatar 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.

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