SBI Macquarie buys stake in tollway for Rs 275 cr
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ROADS & HIGHWAYS

SBI Macquarie buys stake in tollway for Rs 275 cr

11 Nov 2013 Editorial Team
In a Trichy road project, SBI Macquarie Infrastructure Trust has bought 74 per cent for Rs 275 crore. The road project stake has been developed by IJM of Malaysia and Shapoorji Pallonji. Sources said that Trichy Tollway project has so far made losses but the project is up and running and there are no execution risks involved.

In a Trichy road project, SBI Macquarie Infrastructure Trust has bought 74 per cent for Rs 275 crore. The road project stake has been developed by IJM of Malaysia and Shapoorji Pallonji. Sources said that Trichy Tollway project has so far made losses but the project is up and running and there are no execution risks involved.

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