Cube Highways InvIT has entered into an SPA with the NIIF to acquire two road assets valued at Rs 41.84 billion. The deal signed includes the purchase of a 100 per cent stake in Athaang Jammu Udhampur Highway Private Limited and Quazigund Highway Private Limited. The proposed acquisition will enhance the InvIT’s current asset portfolio and align with its objective of using its financing capacity to purchase high quality assets.
Leading the Way: Policy initiatives position Gujarat at the forefront of the energy transition
Gujarat was an early adopter of renewable energy in India. The state’s renewable energy journey began with a strong emphasis on wind power. It introduced its first wind policy as early as 1993, which was […]
Port Rules: Key policy and regulatory developments
The ports and shipping sector is a key driver of trade in India. More than 90 per cent of India’s international cargo trading by volume is done via maritime transport. The government has taken many […]