Project Update24 Mar 2026, 10:21 pm
IRB Infrastructure Developers Ltd Executes Project Implementation Agreement for TOT-18 Project
AI Summary
IRB Infrastructure Developers Ltd has executed the Project Implementation Agreement for the TOT-18 Project with IRB Chandibhadra Tollway Private Limited (IRBCTPL), its wholly owned SPV and Associate. This agreement is in pursuance of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, as amended, for the implementation of the TOT-18 Project. The Company has agreed to act as the Project Manager of IRBCTPL for this project.
Key Highlights
- IRB Infrastructure Developers Ltd has executed the Project Implementation Agreement for the TOT-18 Project.
- The agreement is with IRB Chandibhadra Tollway Private Limited (IRBCTPL), a wholly owned SPV and Associate of the Company.
- The project is being implemented in accordance with the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, as amended.
- IRB Infrastructure Developers Ltd will act as the Project Manager for the TOT-18 Project.
- The execution of the agreement is a significant step in the implementation of the TOT-18 Project.