IRB’s SPV achieves COD for 8-lane Gandeva Ena Expressway in Gujarat Breakthrough

VM7 Expressway Pvt. Ltd., a Special Purpose Vehicle (SPV) of IRB Infrastructure Developers Ltd., has achieved Provisional COD for its 8-lane Gandeva Ena Expressway project in Gujarat. The project, part of the upcoming Delhi-Mumbai Greenfield Expressway, is being developed under the Hybrid Annuity Mode (HAM) The project is expected to generate annuity revenues of around Rs. 180Crs annually, providing strong cash flows and strengthening the company’s financial position. The project is part of India’s ambitious ‘Bharatmala Pariyojana’ of the NHAI under Phase-I The successful completion of the 8-lane Gandeva Ena Expressway in Gujarat marks another milestone in India’s infrastructure journey.

IRB Infrastructure Developers Ltd, one of the country’s leading road and highway developers, through its Special Purpose Vehicle (SPV), has officially achieved the Commercial Operation Date (COD) for the project. This development is expected to transform connectivity in Gujarat, enhance logistics efficiency, and contribute to the overall economic progress of the region (National Highways Authority) The Gandeva Ena Expressway is part of India’s ambitious highway development programme. Gujarat, being a hub for trade, industry, and agriculture, requires world-class road infrastructure to sustain its rapid growth. This 8-lane expressway ensures smooth vehicular movement, reduces travel time, and minimizes congestion on older highways.

The project is also aligned with the Government of India’s vision under the National Highways Authority of India (NHAI) to develop safer and faster road networks. IRB Infrastructure Developers Ltd has played a critical role in shaping India’s highway sector. Known for its work on iconic projects like the Mumbai-Pune Expressway, IRB has consistently delivered large-scale infrastructure projects Through its SPV model, the company ensures efficient project execution, financing, and long-term maintenance. Achieving COD on the Gandeva Ena Expressway demonstrates IRB’s commitment to timely delivery and operational excellence.

Economic Benefits for Gujarat

The expressway is expected to fuel regional economic growth by improving trade corridors between industrial hubs, ports, and agricultural regions. Faster connectivity will help reduce transportation costs and strengthen Gujarat’s position as a logistics and manufacturing hub. Moreover, the project is set to generate employment opportunities during both construction and operational phases. Road safety and reduced travel time are major highlights of the new expressway. Designed with modern engineering standards, the highway includes multiple safety features such as wider lanes, service roads, and advanced traffic monitoring systems. For commuters and transporters, this means a smoother, faster, and safer travel experience.

The project complements Bharatmala Pariyojana, the Government of India’s flagship highway development initiative. As Gujarat emerges as one of India’s economic powerhouses, projects like this one are crucial for sustaining industrial growth. They also play an essential role in improving rural-urban connectivity, thereby supporting balanced development. The Gandeva Ena Expressway is not an (NHAI) isolated project. Gujarat has been at the forefront of expressway and industrial corridor development, with projects like the Delhi-Mumbai Industrial Corridor (DMIC) and Vadodara-Mumbai Expressway Together, these projects enhance the state’s role as a gateway for trade and investment. The COD achievement of the Gandeva Ena Expressway

By IRB’s SPV is more than just an infrastructure update it is a stepping stone toward India’s vision of world-class connectivity. With its strong impact on trade, industry, and travel, the expressway is set to shape Gujarat’s development trajectory for decades.