Global Infrastructure Partners (GIP) is reportedly selling its Indian road platform, called Highway Concessions One Pvt. Ltd (HC1), having hired Citibank to manage the sale.
HC1 comprises seven road assets - five toll roads and two annuity-based projects located across seven Indian states in India. In total, the platform owns 472 route km and consolidated revenue of INR6.2 billion (US$88.6 million).
GIP acquired the HC1 portfolio from IDFC Alternatives Ltd’s infrastructure investment business, which was brought by GIP in July 2018.
Canada’s Caisse de dépôt et placement du Québec (CDPQ) is thought to be interested in the platform and likely to submit a bid.
Infrastructure Leasing & Financial Services Limited (IL&FS) has published a Request for Expressions of Interest (RFEOI) for the acquisition of its domestic road assets. These include: Seven...
Read moreThe Airports Authority of India (AAI) has issued Requests for Proposals (RFP) for the operation, management and development of six international airports.
Read moreThe Government of India through the Ministry of Housing and Urban Affairs (MoHUA) has approved the Delhi Metro Phase IV railway project of Delhi Metro Rail Corporation (DMRC) to run as Publi...
Read moreThe city of Bangalore, which is located in the southern state of India, Karnataka, is proposing to use the PPP procurement mode for the development of a metro ring project, undergorund the Peripheral...
Read moreIndia’s central government has approved the public-private partnership (PPP) concession agreement for the greenfield Noida Jewar airport in Uttar Pradesh. A government order has been forw...
Read more