NIIF’s Rs 100 billion roads portfolio attracts interest from infrastructure funds

Several prominent global and domestic infrastructure funds are actively pursuing the acquisition of NIIF’s road assets. The portfolio, comprising five road stretches spanning 230 km across India, is expected to have an enterprise value ranging from $1 billion-$1.2 billion (Rs 100 billion). Notable participants, having signed non-disclosure agreements, include international players like Abertis from Spain, VINCI Highways from France, and KKR, alongside Canadian entities CDPQ and the Canada Pension Plan Investment Board.