GIP commences process for monetising its road platform

US-based Global Infrastructure Partners (GIP) has reportedly commenced the process of monetising its road platform, Highway Concessions One Private Limited (HC1). HC1 comprises seven road assets, of which five are toll roads and two are annuity projects. These assets are Ulunderpet Expressways Private Limited in Tamil Nadu, Nirmal BOT Limited in Telangana, Dewas Bhopal Corridor Private Limited, Bangalore Elevated Tollway Private Limited in Karnataka, Godhra Expressways Private Limited in Gujarat, Jodhpur Pali Expressway Private Limited in Rajasthan and Shillong Expressway Private Limited in Meghalaya.