IRB Infrastructure Private Limited (the “Investment Manager”), is the Investment Manager of the IRB InvIT Fund, (the “Trust”). The Trust is an irrevocable trust set up under the Indian Trusts Act, 1882, and registered with the Securities and Exchange Board of India as an infrastructure investment trust under the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014 (Registration Number: IN/InvIT/15-16/0001).
The Investment Manager has experience in operating a road Build-Operate-Transfer (“BOT”) basis for a period of approximately 18 years and in developing, operating and maintaining toll plazas in the infrastructure sector. The Investment Manager was the concessionaire for a BOT project i.e. a bridge across the Patalganga river and a rail over bridge near Kharpada village in Maharashtra. For aforesaid project, the Investment Manager constructed a 1,400 meter high-level bridge across the Patalganga river, constructed approach roads to the bridge, widened the footpath relating to the bridge and constructed a six lane toll plaza.