Cintra Acquires 24% Stake in IRB Infrastructure Trust

18 Mar 2024 CW Team

In a significant development, Cintra has acquired a 24% stake in IRB Infrastructure Trust. This acquisition marks a strategic investment by Cintra in India's infrastructure sector and underscores its commitment to partnership and growth opportunities in the country.

The acquisition of a significant stake in IRB Infrastructure Trust highlights Cintra's confidence in the trust's asset portfolio and its potential for generating long-term returns. It also signifies Cintra's strategic alignment with IRB's vision and objectives in developing and operating infrastructure assets.

As Cintra strengthens its presence in India's infrastructure market through this acquisition, stakeholders will closely monitor the impact on IRB Infrastructure Trust's operations and future growth trajectory. The partnership between Cintra and IRB is expected to facilitate synergies and drive value creation in the infrastructure sector.

Cintra's investment in IRB Infrastructure Trust underscores the attractiveness of India's infrastructure assets to international investors and reflects confidence in the country's infrastructure growth story. The acquisition is poised to contribute to the development of critical infrastructure projects and support India's broader economic development objectives.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..