Roads & Highways - Page 7

A significant reduction in mobility in the second half of this fiscal will restrict growth in toll road traffic on national highways to a moderate 7-9% for the full year despite a

HCC Group has signed binding terms with Cube Highways and Infrastructure V Pte Ltd (“Cube Highways”) for 100% sale of Baharampore-Farakka Highways Limited (“BFHL”) at an enterprise value of Rs.1,279 crore, implying

Palsit Dankuni Tollway, an SPV and the wholly-owned Subsidiary of IRB Infrastructure Developers (IRB Infra), has achieved financial closure for its BOT project of 6 laning of NH19 corridor between Palsit to

IRB Infrastructure Developers has completed the equity fundraise of INR 5,347 crores, the largest equity fundraise by Indian highways infrastructure developers. While commenting on the development, Virendra D Mhaiskar, Chairman & Managing

IRB Infrastructure Developers has received a Letter of Award from the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), the nodal agency entrusted to monitor the project development, for developing the Group 1

M&A deals in road sector over the past three years (CY2019-YTD CY2021) have been mainly driven by developers’ intent to monetise operational assets to unlock capital so as to enable them to

H G Infra Engineering, in a filing to BSE has informed it has received the provisional certificate of completion for a road project in Maharashtra. The provisional certificate of completion dated October