L&T to sell eight road assets to Edelweiss fund

August 2022

Larsen & Toubro is selling eight operational road assets to Edel­weiss Infrastructure Yield Plus, an infrastructure fund managed by Edel­weiss Alternative Asset Advisors, for Rs 70 billion in enterprise value. The transaction is still awaiting […]

NIIF picks up stake in J&K tunnel road asset

August 2022

The National Investment and Infrastructure Fund has announced a $380 million (Rs 30.35 billion) investment in Navayuga Quazigund Expressway Private Limited (NQEPL) for an undisclosed stake. The NIIF made the investment in NQEPL, a build-operate-transfer […]

Work on Dwarka-Manesar Expressway to complete by 2023

July 2022

The construction work on the Dwarka-Manesar Expressway Project (North­ern Peripheral Road Project/Gurgaon-Dwarka Expressway) is expec­ted to be completed by 2023. The Dwarka-Manesar Expressway Project or the Northern Peripheral Road or the Dwarka-Gurgaon Expressway involves the […]

DilipBuildcon receives PCC for Sangli-Borgaonlaning project

June 2022

DilipBuildcon Limited (DBL) has received a provisional completion certificate (PCC) for completion of the Sangli-Borgaon Four Laning Ro­ad Project (NH-166). The project involves four-laning of the 41.44 km Sangli-Borgaon section on the Sangli-Solapur Road stretch […]

NHAI Approves Vijayawada-Nagpur Express Highway

June 2022

The National Highways Authority of India (NHAI) has approved the construction of the Vijayawada-Nagpur Express Highway, which will enhance Andhra Pradesh’s connectivity with Maharashtra. The NHAI has authorised the construction of 457 km of roads […]

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