Category: Finance

Financial Closures

Ceigall India achieves financial closure for of Southern Ludhiana Six Lane Greenfield Bypass Project in Punjab

October 24, 2025

Ceigall Southern Ludhiana Bypass Private Limited, wholly-owned subsidiaries of Ceigall India Limited achieved financial closure for implementation of Southern Ludhiana Six Lane Greenfield Bypass Project (Ludhiana-Ajmer Economic Corridor) (NH-44, NE-5) on September 30, 2025.

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H.G. Infra achieves financial closure for implementation of Narol Junction-Sarkhej Junction Six Lane Road Upgradation, Elevated Corridor in Gujarat

August 28, 2025
Ashoka Buildcon achieves financial closure for Bowaichandi to Guskara-Katwa road project in West Bengal

July 11, 2025

Loans & Grants

MoRTH sanctions funds for implementation of Mudigubba-Kadiri Four Laning Road in Andhra Pradesh

July 27, 2026

The Ministry of Roads Transport and Highways (MoRTH) has sanctioned funds worth Rs 6.79 billion for the implementation of Mudigubba-Kadiri Four Laning Road Project (NH-42).

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State sanctions funds for Chail Chowk-Janjehli Road Widening/Strengthening Project in Himachal Pradesh

June 23, 2026
State approves funds for various road development projects in Uttar Pradesh

June 23, 2026

Asset Acquisition

Alpha Alternatives acquires four road assets worth Rs 75 billion

August 4, 2026

Alpha Alternatives has acquired four operational road assets valued at about Rs 75 billion, deepening its push into India’s road infrastructure sector.

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Other Developments

State signs MoU for long term financing road projects in Bihar

August 11, 2026

The Road Construction Department, Bihar (RCD) signed the Memorandum of Undertaking (MoU) with National Bank for Agriculture and Rural Development (NABARD) for long term financing to facilitate the development of road infrastructure projects across the state on August 7, 2026.

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Cube Highways Trust raises Rs 12.50 billion from investors ahead of IPO

July 15, 2026
Cube Highways Trust’s Rs 50 billion IPO to open soon

July 6, 2026

Category: Finance

Financial Closures

Ceigall India achieves financial closure for of Southern Ludhiana Six Lane Greenfield Bypass Project in Punjab

H.G. Infra achieves financial closure for implementation of Narol Junction-Sarkhej Junction Six Lane Road Upgradation, Elevated Corridor in Gujarat

Ashoka Buildcon achieves financial closure for Bowaichandi to Guskara-Katwa road project in West Bengal

Loans & Grants

MoRTH sanctions funds for implementation of Mudigubba-Kadiri Four Laning Road in Andhra Pradesh

State sanctions funds for Chail Chowk-Janjehli Road Widening/Strengthening Project in Himachal Pradesh

State approves funds for various road development projects in Uttar Pradesh

Asset Acquisition

Alpha Alternatives acquires four road assets worth Rs 75 billion

IRB Infrastructure Trust to transfer two BOT highway assets valued at Rs 46.05 billion

Ceigall India signs definitive pact with Neo Infra Fund for CMASH Divestment worth Rs 1.77 billion

Other Developments

State signs MoU for long term financing road projects in Bihar

Cube Highways Trust raises Rs 12.50 billion from investors ahead of IPO

Cube Highways Trust’s Rs 50 billion IPO to open soon

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