IRB Infrastructure Developers Limited has informed the Exchange regarding update received from IRB Infrastructure Trust for Commencement of Toll Collection - Ganga Expressway Project.
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IRB Infrastructure Trust has commenced toll collection on the Ganga Expressway Project (Group 1) from May 17, 2026. The project SPV, Meerut Budaun Expressway Private Limited, had started trial run traffic operations on April 29, 2026. This marks the transition of the expressway from trial phase to full revenue-generating operations. The IRB Infrastructure Trust is an associate of IRB Infrastructure Developers Limited, making this a positive operational update for the company.
The commencement of toll collection marks a key milestone, transitioning the project from capital expenditure phase to revenue generation. This should positively contribute to cash flows for IRB Infrastructure Trust and its associate IRB Infrastructure Developers.