CCI Approves Acquisition of Road SPVs by Epic Concesiones

26 Mar 2025 CW Team

The Competition Commission of India (CCI) has granted approval for Epic Concesiones 2 Private Limited (EC2PL) to acquire 100% equity shareholding in 11 road special purpose vehicles (SPVs) owned by Ashoka Concessions Limited (ACL) and Ashoka Buildcon Limited (ABL). This transaction marks a significant development in the infrastructure investment landscape.

The key entities involved in the deal are:

Epic Concesiones 2 Pvt Ltd – Infrastructure investment company Ashoka Concessions Ltd – Developer of road infrastructure Ashoka Buildcon Ltd – Construction and engineering firm

EC2PL is engaged in owning and operating infrastructure projects. It is backed by Infrastructure Yield Plus II (IYP II) and Infrastructure Yield Plus IIA (IYP IIA), both investment schemes under Infrastructure Yield Trust, a registered Category I – Infrastructure Alternative Investment Fund under SEBI regulations. The fund is managed by EAAA India Alternatives Ltd (EIAL), an indirect wholly-owned subsidiary of EFSL, the parent entity of EC2PL.

The 11 Target SPVs, incorporated in India, operate roads and highways through government concessions. Their acquisition by EC2PL is expected to enhance infrastructure asset management, driving efficiency and long-term sustainability in India's road sector.

With this approval, CCI reinforces its role in facilitating strategic investments in the infrastructure domain, promoting competition while ensuring robust sectoral growth.

Infrastructure Transport

06 Feb 2026

Second Mountain Tunnel Breakthrough in Palghar Advances High Speed Rail

The Mumbai-Ahmedabad high speed rail (MAHSR) project reached a milestone with the breakthrough of a mountain tunnel in Palghar, Maharashtra. Mountain tunnel MT-six measures 454 metres long and 14.4 metres wide and will accommodate up and down tracks. The breakthrough follows MT-five near Saphale on second January 2026 and the MT-six excavation was completed from both ends using the New Austrian Tunnelling Method. The ministry reported that the tunnelling was completed within 12 months. The New Austrian Tunnelling Method is favoured for its flexibility in complex geology and irregular tunnel s..

Modi Government Pushes Atmanirbhar Container Drive With BCSL MoU

The Union Government advanced a plan to create an integrated, domestically anchored container ecosystem with the signing of a Memorandum of Understanding to establish the Bharat Container Shipping Line (BCSL). The MoU was signed by key agencies including the Shipping Corporation of India and Container Corporation of India alongside major port authorities and Sagarmala Finance Corporation Limited under the Ministry of Ports, Shipping and Waterways, in the presence of senior ministers. The initiative aligns with the Container Manufacturing Assistance Scheme announced in the Union Budget 2026–2..

Ministry Reports Gains In Mobility For Marginalised Communities

The Ministry of Social Justice and Empowerment is implementing skill development, education and rehabilitation schemes to promote socio-economic mobility and sustainable livelihoods for marginalised and disadvantaged communities across the country. Programmes target Scheduled Castes, Other Backward Classes, Economically Weaker Sections, De-notified Tribes and Safai Karamcharis through specialised implementing corporations and empanelled training institutes. Pradhan Mantri Dakshata Aur Kushalta Sampann Hitgrahi Yojana, or PM-DAKSH, provided skill training and placement support through the Nati..