IRB Infrastructure commences toll collection on Kolhapur highway

NEW DELHI: Construction and engineering firm IRB Infrastructure Developers Ltd today said it has commenced toll collection on Kolhapur highway in Maharashtra.

"IRB Kolhapur Integrated Road Development Co Pvt Ltd, wholly-owned SPV (Special Purpose Vehicle) of the company, has commenced toll collection on the project (Integrated Rural Development Programme Kolhapur BOT (Build-operate-transfer)) effective from October 17," IRB Infrastructure Developers Ltd said in a BSE filing.

The company said that "subsequent to withdrawal of suspension on toll notification by the State of Maharashtra and pursuant to the directions of the Honourable Bombay High Court to the State of Maharashtra to provide police protection to each of the toll plaza of the Project," it has commenced the toll collection on the project.