IRB Infrastructure Trust wins NHAI’s TOT-18 highway concession in Odisha | Company News
IRB Infrastructure Trust, a private infrastructure investment trust (InvIT) backed by IRB Infrastructure Developers, has emerged as the preferred bidder for the toll-operate-transfer (TOT)-18 concession announced by the National Highways Authority of India (NHAI) in Odisha. What does the TOT-18 concession involve? Under the 20-year, revenue-linked concession, the trust will pay…