IRB Infrastructure (IRB) is well poised to leverage the government’s push on creating highway infrastructure due to its strong balance sheet and its association with the Spain-based Cintra in the build-operate-transfer (BOT) mode of highway building, brokerage firm Ventura said in a report.
“IRB now has the financial firepower with GIC and access to global best practices in the road BOT business with Cintra and is thus uniquely positioned to capitalise on government’s NIP, NMP, Gati Shakti initiatives,” Ventura said in a report.
