 "National highway")
IRB Infrastructure Developers, India's largest road operator, plans to have road assets of Rs 1.4 trillion in three years from a base of Rs 80,000 crore.
Growth will largely come from the toll-operate-transfer (TOT) segment, Anil Yadav, director, investor relations, IRB Infra, told ‘Business Standard’ in an interview in Mumbai.
The company will bank on its balance sheet and the government’s road asset monetisation programme to bid for TOT projects. “In the last decade, the road sector saw significant government expenditure. Most projects were funded entirely by the government and were in the engineering, procurement, and construction (EPC) segment, with
