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Deputy CM Ajit Pawar announced a decision to shut down 44 toll plazas

IRB Infra impacted by Maharashtra govt’s decision to shutter 44 toll gates

IRB Infra impacted by Maharashtra govt’s decision to shutter 44 toll gates
The reported decision by the Maharashtra government to shut down 44 toll gates in the state has apparently triggered the sale of the shares of IRB Infrastructure Developers Ltd.; with the company’s stock having already witnessed a 9 percent plunge in the last three trading sessions. The decision by the government to close the toll [...] Continue Reading »

Rupees 300 crore will be compensated to the developers for taking over the toll plazas

Rupees 300 crore will be compensated to the developers for taking over the toll plazas
Recently, it has come to our notice that around 26% of the total toll plazas that belong to Maharashtra are about to be shut down soon. All of them are small projects and they have a range which goes up to quite a lot of money. In order to take over the toll plazas, the [...] Continue Reading »

44 toll plazas to be shut down by the Maharashtra government

44 toll plazas to be shut down by the Maharashtra government
On the 9th of June at the city of Mumbai, the Maharashtra government in order to move one of the important and significant movements of the Assembly poles has recently come a conclusion that it will to shut down 44 tolls out of 166 toll plazas in the whole state of Maharashtra. This piece of [...] Continue Reading »



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