IL&FS Engineering and Construction Company plans to redeem its optionally convertible redeemable preference shares and non-convertible shares and reduce debt by more than Rs 3 billion following the sale of its Bangalore Elevated Tollway (BETPL) to private equity firm KKR.
Read MoreActis LLP is set to acquire five road projects from Patel Infrastructure Limited worth Rs 7531.86 million.
Read MoreHighways Infrastructure Trust (HIT), an infrastructure investment trust owned by KKR, has successfully acquired four road assets from Macquarie India in a significant deal valued at Rs 30 billion.
Read MoreVinci Highways is planning to acquire Vindhyachal Expressway (VEPL) sponsored by JMC Projects, a subsidiary of Kalpataru Power Transmission.
Read MoreShrem InvIT has modified its acquisition financing strategy for two operational highway projects.
Read MoreIndInfravit, InvIT set up by Larsen & Toubro, has completed the acquisition of four operational road projects ….
Read MoreHighways Infrastructure Trust, an Infrastructure Investment Trust (InvIT) formed by KKR is likely to acquire 12 road projects worth Rs 90 billion from PNC Infratech Limited
Read MoreIndinfravit has acquired four operational road projects managed by Brookfield Asset Management. Indinfravit is an Infrastructure Investment Trust (InvIT) formed by Larsen & Toubro Limited (L&T). The projects are...
Read MoreMany global investors has evinced an interest in acquiring a 361-km highway asset under ToT 12 auctioned by NHAI.
Read MoreKKR’s plan to acquire five operating toll road assets from an Indian highways’ developer has fallen apart.
Read MoreNHAI has made plans to monetise about 46 highway stretches spanning 2,612 km length in 2023-24 via the InvIT and toll operate transfer (TOT) models.
Read MoreMacquarie Asset Management, an Australian global financial services group, has entered into an agreement to acquire BSCPL Aurang Tollway Ltd.
Read MoreSekura Roads is set to acquire Thrissur Expressway Limited (TEL) from KMC Constructions for Rs 8 billion.
Read MorePNC Infratech Limited has incorporated wholly-owned subsidiary namely, Prayagraj Kaushambi Highway Package 3 Private Limited at an authorised capital of Rs 10 million for implementation of Package III of the Singraur Uphar-Baranpur Kadipur Ichauli Four Lane Highway Project (NH-731A) as special purpose vehicle (SPV) on May 11, 2023.
Read MoreInfrastructure Leasing and Financial Services Limited (IL&FS) has completed the sale and transfer process of Pune Sholapur Road Development Company Limited (PSRDCL) to Roadstar Infra Investment Trust (Invit) at a cost of Rs 20,000 million.
Read MoreMoRTH plans to raise Rs 350 billion through various modes of asset monetisation in 2023-24, as against the target of Rs 328.55 billion in 2022-23.
Read MoreIRB Infrastructure Developers Limited (IRB) received LoA for Tolling, Operation, Maintenance and Transfer (TOT) of Hyderabad Outer Ring Road (ORR) Project from HMDA
Read MoreBritish Columbia Investment Management Corporation and Mubadala Investment Company become new anchor investors in Cube Highways Trust
Read MoreRamky Infrastructure Limited has entered into a one-time settlement (OTS) agreement with the lenders of Srinagar Banihal Expressway Limited (SBEL) on March 31 2023.
Read MoreHindustan Construction Company Limited (HCC) has completed sale of entire equity stake in Baharampore-Farakka Highways Limited (BFHL)
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