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MY'STORY

The MOVE Fire

This is a personal recollection on the Move fire on May 13, 1985 Philadelphia police fired thousands of rounds at the MOVE house, city officials approved dropping an explosive device on the roof, the resulting fire was allowed to burn, 11 people—including five children—died, and 61 homes were destroyed. Philadelphia City Council later called it a “brutal attack carried out by the City of Philadelphia on its own citizens” and acknowledged that no individual faced criminal consequences for the bombing. One timeline correction worth preserving for the BHP record: the major previous MOVE-police confrontation was August 8, 1978, about seven years before the bombing, not a year or two earlier. Officer James Ramp was killed, other police and firefighters were wounded, nine MOVE members were later convicted, and television cameras recorded police beating Delbert Africa during his arrest. The 1985 MOVE Commission later specifically criticized city planners for failing to adequately use lessons from that 1978 confrontation. And that actually strengthens the point you’re making: 1985 did not happen without precedent or institutional memory. There had already been a deadly confrontation with MOVE, years of conflict, negotiations and police involvement before Osage Avenue.

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BLACK FACTS
The Truths They Never Taught You...

Shirley Chisholm — Unbought and Unbossed

In 1968 Shirley Chisholm became the first Black woman elected to the United States Congress. In 1972 she launched a campaign for the Democratic presidential nomination, breaking another political barrier.

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BHP gathered finds from its connected research sources. Showing the 4 strongest Black History matches.
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Wikipedia

IRB Infrastructure

IRB Infrastructure Developers Limited
TypePublic company
IndustryConglomerate
Founded27 July 1998; 28 years ago (27 July 1998)
Headquarters
IRB Complex, Chandivali, Powai, Mumbai
,
India
Key peopleVirendra D. Mhaiskar
(Chairman & MD)
ServicesEngineering, Procurement and Construction (EPC)
Build, Operate and Transfer (BOT)
Revenue₹2,750.27 crore (US$290 million)[1] (2021)
₹188.51 crore (US$20 million) (2021)
Websitewww.irb.co.in
www.irbinvit.co.in

IRB Infrastructure Developers Limited (formerly IRB Infrastructure Developers Private Limited, Ideal Road Builders) is an Indian highway construction company.[2] It was incorporated in 1998, with its headquarters in Mumbai.[3] It is part of the IRB Group and headed by Virendra Dattatraya Mhaiskar.[4] The company primarily operates build-operate-transfer (BOT) road projects.[5] Currently, it has about 3,404 lane km operational and about 2,330 lane km under development.[6] Among its notable projects are the Mumbai-Pune Expressway and the Ahmedabad-Vadodara Expressway.[2][7]

History

[edit]

IRB Infrastructure executed India's first ever BOT (build-operate-transfer) project, the Thane-Bhivandi Bypass. Over the years, its BOT portfolio (operational projects and projects under construction) in the country grew to a total length of around 12,000-lane km. IRB executed projects like the four-laning of the Goa-Karnataka border from Karwar to Kundapur section of NH66, Agra-Etawah Bypass project,[8] Udaipur-Rajasthan NH8 project,[9] and Kaithal to Rajasthan NH152 project.[10][11]

In 2009, IRB Infra won the bid to develop the greenfield Sindhudurg Airport in the Sindhudurg district of Maharashtra on a build-operate-transfer basis.[12][13]

In July 2011, IRB Infrastructure signed an agreement to develop a 102.3 km section in the Ahmedabad-Vadodara NH8 into six lanes from the existing four lanes. The project also included improvement of a 93.302 km section of the existing Ahmedabad – Vadodara Expressway (NE 1), on a Design Building Finance Operate and Transfer (DBFOT) basis.[14][15]

In 2012, IRB acquired Tamil Nadu based BOT road builder MVR Infrastructure and Tollways for ₹130 crore.[16][17]

IRB Infrastructure acquired the Mumbai-Pune Expressway and the Mumbai-Pune National Highway, which was concluded under the supervision of Maharashtra State Road Development Corporation (MSRDC).[18][19]

IRB Infrastructure Developers Ltd. signed a contract worth ₹2,100 crore from NHAI for a six-lane project in Rajasthan and Gujarat. The project is to be developed on design, built, finance, operate and transfer (DBFOT) under the National Highways Development Programme (NHDP) phase V.[20]

IRB achieved financial closure for its BOT project from Chittorgarh and Gulabpura. The project is an expansion of the 124.87-km section on NH79, converting from a four-lane to six-lane expressway. The concession period of this project is 20 years from the appointed date, including 910 days of construction, creating smoother transit.[21] The total funding for the project by company will be ₹690 crore and by SPV (Special Public Vehicle) tied banks will be ₹1,400 crore.[22]

IRB Infrastructure developed the Kaithal-Rajasthan project (NH65). The 166.26 km-long highway became operational in 2017, and has 20.90 km of service road, 18 pedestrian underpasses, 5 vehicular underpasses, 5 flyovers, 13 small bridges, 71 intersections, 241 culverts and railways over bridges. The cost of production for project was ₹2,290 crore, including a viability gap funding of ₹234 crore.[23]

In March 2018, IRB Infrastructure won two hybrid annuity projects under NHDP phase IV in the state of Tamil Nadu, which included the four laning of NH-45A Puducherry to Poondiyankuppam and Poondiyankuppam to Sattanathapuram at a cost of ₹2,169 crore at a cost of ₹1,296 crore.[clarification needed] The construction period is 730 days and the operation period is 15 years for the said projects.[24][25]

The company also received a letter of award on from the National Highways Authority of India for a hybrid annuity project worth ₹1,640 crore under the National Highways Development Project phase VI in Gujarat. The order came after the company had emerged as the preferred bidder for the construction of the eight-lane Vadodara Kim expressway from Padra to Vadodara section of the Vadodara-Mumbai Expressway in Gujarat.[26][27]

The company got the contract (3 out of 12 packages) of Ganga Expressway, the longest under-construction expressway in Uttar Pradesh.[28]

IRB InvIT Fund

[edit]

IRB InvIT is India's first Infrastructure Investment trust sponsored by IRB Infrastructure Developers Ltd.[29] Projects managed by IRB InvIT include:[30][31]

  1. Surat– Dahisar NH 8 Project
  2. Tumkur to Chitradurga NH 4 Project
  3. Bharuch – Surat NH 8 Project
  4. Jaipur – Deoli NH 12 Project
  5. Omalur – Salem – Namakkal NH 7 Project
  6. Talegaon – Amravati NH 6 Project
  7. Pathankot – Amritsar (Punjab) NH 15 Project
  8. Kishangarh – Gualbpura (Rajasthan) NH 79 Project
  9. Gualbpura - Chittorgarh (Rajasthan) NH 79 Project
  10. Palsit – Dankuni (West Bengal) NH 19 Project

Controversy

[edit]

In April 2018, Virendra Mhaiskar, the chairman and managing director of IRB Infrastructure, and all other officials got a clean chit from CBI[32] with regards to any sort of involvement in the murder of RTI activist Satish Shetty. They were summoned in May 2012 by the CBI, suspecting a connection with the case. During the investigation, CBI had asked Virendra Mhaiskar and other suspects to undergo a polygraph test. Mhaiskar along with the company officials had to undergo the polygraph test.[33]

Recognition

[edit]

Virendra D. Mhaiskar, chairman and managing director of IRB, was conferred with the “Young Turk of the Year” award at the 6th Edition of CNBC TV 18 India Business Leader Awards on 11 December 2010 at Mumbai.[34]

The company was given the CNBC TV 18 Essar Steel Infrastructure Excellence Award for the second time for its high quality work implemented on the Bharuch to Surat section of NH-8 under Highways and Bridges Category. The company also won the CNBC TV 18 Essar Steel Infrastructure Excellence Award in the Highways & Flyovers category for Mumbai-Pune section of NH-4 in 2009.[35][36]

IRB Infrastructure Ltd won the Construction Times 2017 Award under the Best Executed Highway Project of the Year category for building the Ahmedabad–Vadodara Expressway Project.[37]

References

[edit]
  1. ^ "Stock share price of IRB Infrastructure". BSE India.
  2. ^ a b "IRB is driving in the fast lane of highway development". Business Standard India. Business-standard.com. 8 September 2010. Retrieved 11 September 2010.
  3. ^ "Contact Us – IRB Infrastructure Developers Ltd. | Roads | Bridges | Tunnels | Toll Plaza | Realty Business". Irb.co.in. Archived from the original on 9 February 2010. Retrieved 6 May 2016.
  4. ^ "IRB Infrastructure Developers – Fortune 500 List 2020 – Fortune India". www.fortuneindia.com. Retrieved 12 January 2021.
  5. ^ "IRB Infrastructure Developers: On the growth highway". Business-standard.com. Retrieved 11 September 2010.
  6. ^ "IRB Infrastructure Developers". Indiainfoline.com. Retrieved 11 September 2010.
  7. ^ "IRB ties in record BOT road deal". Thomson Reuters. 2012. Archived from the original on 19 April 2015. Retrieved 21 July 2013.
  8. ^ "IRB Infrastructure Developers provides update on Thane Bhiwandi Bypass Project". Business Standard. Retrieved 16 May 2016.
  9. ^ "IRB starts Work on Udaipur Rajasthan NH8 Project". India Today. 4 September 2017. Retrieved 4 September 2017.
  10. ^ "IRB Infra bag ₹2,300-cr Kaithal-Rajasthan Project". The Hindu BusianessLine. 7 May 2014. Retrieved 7 May 2014.
  11. ^ "Completed BOT Projects". IRB. Archived from the original on 4 November 2016. Retrieved 2 November 2016.
  12. ^ "IRB Infra wins Sindhudurg airport bid". MoneyControl. 4 August 2009. Retrieved 18 July 2012.
  13. ^ "Development Greenfield Airport in Sindhudurg District". IRB Infra. Archived from the original on 29 June 2012. Retrieved 18 July 2012.
  14. ^ "IRB Infra preferred bidder for Ahmedabad-Vadodara highway project". IIFL.
  15. ^ "IRB Infra arm inks deal for Ahmedabad, Vadodara expressway". The Hindu Businessline.
  16. ^ "IRB Infra buys MVR Tollways for Rs.130 cr". The Hindu. Mumbai. Press Trust of India. 9 May 2012. Retrieved 18 July 2012.
  17. ^ "IRB Infra acquires MVR Tollways for Rs 130 crore". Economic Times. Mumbai. Press Trust of India. 9 May 2012. Archived from the original on 2 June 2014. Retrieved 21 July 2012.
  18. ^ "IRB wins Mumbai-Pune expressway contract". India Brand Equity Foundation. Retrieved 10 September 2014.
  19. ^ "Endeavors of IRB Infrastructure Developers". Outlook India. Archived from the original on 29 July 2017. Retrieved 28 July 2017.
  20. ^ "IRB infra bags Rs 2100 crore Rajasthan Gujarat Nhai project". Business Standard India. Business Standard. 31 July 2016.
  21. ^ "Six-Lane Highway By IRB Infrastructure Developers To Create Smoother Transit Between Chittorgarh And Gulabpura". Millionclues. 10 December 2017. Retrieved 11 December 2017.
  22. ^ "IRB Infra achieves financial closure for Rajasthan project". 16 October 2017. Retrieved 8 January 2018.
  23. ^ "Kaithal-Rajasthan four-lane highway is now open for vehicular traffic". Pressroom.today. 12 September 2017. Retrieved 12 September 2017.
  24. ^ "IRB Infrastructure rises 3% on projects win in Tamil Nadu". Moneycontrol. 14 March 2018. Retrieved 14 March 2018.
  25. ^ Market, Capital (14 March 2018). "IRB Infra gains after bagging two projects in Tamil Nadu". Business Standard India. Business Standard. Retrieved 14 March 2018.
  26. ^ "IRB Infra bags road project worth Rs 2,043 crore from NHAI in Gujarat". Times of India. 19 March 2018. Retrieved 19 March 2018.
  27. ^ "IRB Infra bags road project worth Rs 2,043 cr from NHAI in Gujarat". The Hindu BusinessLine. 19 March 2018. Retrieved 19 March 2018.
  28. ^ "Adani: Uttar Pradesh: Ganga expressway to be built by Adani Group, IRB Infrastructure | Lucknow News - Times of India". The Times of India. 3 December 2021.
  29. ^ deepak. "Sponsor & Project Manager". IRB InvIT. Retrieved 7 March 2021.
  30. ^ deepak. "Projects". IRB InvIT. Retrieved 7 March 2021.
  31. ^ Oberoi, Rahul. "First ever InvIT listing: IRB InvIT debuts with small premium at Rs 103.25 on BSE". The Economic Times. Retrieved 7 March 2021.
  32. ^ "RTI ACTIVIST'S MURDER: IRB INFRA CHIEF, OTHERS GET CLEAN CHIT FROM CBI". The Daily Pioneer. 17 April 2018.
  33. ^ "IRB Infra plunges as CBI summons its Chairman". Mumbai. The Hindu. 3 May 2012. Retrieved 22 July 2012.
  34. ^ "CNBC-TV18 Gives Away India Business Award 2010". bestmediainfo.com. Retrieved 14 December 2010.
  35. ^ "About Irb Infrastructure Developers Limited". Indiamart. Retrieved 20 December 2010.
  36. ^ "Indian road and highways, Virendra D Mhaiskar's Journey". 27 December 2018.
  37. ^ "Another Jewel in the Crown: IRB Infrastructure's Ahmedabad-Vadodara expressway project conferred with Construction Times Award 2017 for the 'Best Executed Project of the Year'". News Azure. Archived from the original on 12 December 2017. Retrieved 17 October 2017.

Source: Wikipedia. Article content is retrieved live through the MediaWiki API.

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Wikipedia

IRB Infrastructure

IRB Infrastructure Developers Limited (formerly IRB Infrastructure Developers Private Limited, Ideal Road Builders) is an Indian highway construction company. It was incorporated in 1998, with its headquarters in Mumbai. It is part of the IRB Group and headed by Virendra Dattatraya Mhaiskar. The company primarily operates build-operate-transfer (BOT) road projects. Currently, it has about 3,404 lane km operational and about 2,330 lane km under development. Among its notable projects are the Mumbai-Pune Expressway and the Ahmedabad-Vadodara Expressway.

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Wikipedia

IRB

IRB may refer to:

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Wikipedia

Dilip Buildcon

Dilip Buildcon Limited (DBL) is an Indian construction and infrastructure development company based in Bhopal. It was founded by Dilip Suryavanshi in 1987 and was incorporated in the Ministry of Corporate Affairs on 12 June 2006. The company is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) since August 2016.

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Wikipedia

World Rugby

World Rugby is the governing body for the sport of rugby union. World Rugby organises the Rugby World Cup every four years, the sport's most recognised and most profitable competition. It also organises a number of other international competitions, such as the Nations Cup, the WXV Global Series, the Junior World Championship, the Pacific Nations Cup and the SVNS. World Rugby's headquarters are in Dublin, Ireland. Its membership now comprises 133 national unions. Each member country must also be a member of one of the six regional unions into which the world is divided: Africa, North America, Asia, Europe, South America, and Oceania. World Rugby was founded as the International Rugby Football Board (IRFB) in 1886 by Scotland, Wales and Ireland, with England joining in 1890. Australia, New Zealand and South Africa became full members in 1949. France became a member in 1978 and a further 80 members joined from 1987 to 1999. The body was renamed the International Rugby Board (IRB) in 1998, and took up its current name of World Rugby in 2014. In 2009, the International Olympic Committee (IOC) voted to include rugby sevens in the 2016 Summer Olympics. World Rugby gained membership of the Association of Summer Olympic International Federations (ASOIF) in 2010.

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TOPIC OF THE DAY

Greenwood / Black Wall Street

Before the 1921 destruction of Tulsa’s Greenwood District, Black residents had created a remarkable center of business and community life. The district included stores, professional offices, entertainment venues and homes owned by Black citizens. Understanding Greenwood means learning what was built—not only what was burned.

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TRIVIA QUESTION OF THE DAY

What prosperous Tulsa district became widely known as “Black Wall Street”?

The Greenwood District.