+
Actis acquires 4 HAM road assets from Patel Infra
ROADS & HIGHWAYS

Actis acquires 4 HAM road assets from Patel Infra

Actis, a leading global investor in sustainable infrastructure, has announced its acquisition of four key assets from Patel Infrastructure, located at 4 Ham Road. This strategic move marks Actis's continued commitment to expanding its infrastructure portfolio and underscores its confidence in India's infrastructure sector.

The assets acquired by Actis include crucial infrastructure projects vital to the region's development. This acquisition aligns with Actis's focus on investing in sustainable infrastructure that fosters economic growth and societal progress.

Patel Infrastructure, a renowned player in India's infrastructure landscape, has built a strong reputation for delivering high-quality projects. The decision to divest these assets reflects Patel Infrastructure's strategic realignment of its portfolio to focus on core activities.

For Actis, this acquisition presents an opportunity to leverage its expertise and resources to enhance the operational efficiency and sustainability of these assets. By integrating these projects into its portfolio, Actis aims to drive value creation while contributing to India's infrastructure development goals.

The transaction highlights the continued investor confidence in India's infrastructure sector, despite the challenges posed by the evolving global economic landscape. Actis's decision to invest in these assets underscores its long-term outlook on India's growth potential and its commitment to supporting the country's infrastructure needs.

As Actis finalises the acquisition of these assets, stakeholders can anticipate further developments that align with Actis's vision of creating sustainable infrastructure solutions that deliver long-term value for all stakeholders involved. Through strategic investments and partnerships, Actis continues to play a significant role in shaping India's infrastructure landscape and driving sustainable development.

Actis, a leading global investor in sustainable infrastructure, has announced its acquisition of four key assets from Patel Infrastructure, located at 4 Ham Road. This strategic move marks Actis's continued commitment to expanding its infrastructure portfolio and underscores its confidence in India's infrastructure sector. The assets acquired by Actis include crucial infrastructure projects vital to the region's development. This acquisition aligns with Actis's focus on investing in sustainable infrastructure that fosters economic growth and societal progress. Patel Infrastructure, a renowned player in India's infrastructure landscape, has built a strong reputation for delivering high-quality projects. The decision to divest these assets reflects Patel Infrastructure's strategic realignment of its portfolio to focus on core activities. For Actis, this acquisition presents an opportunity to leverage its expertise and resources to enhance the operational efficiency and sustainability of these assets. By integrating these projects into its portfolio, Actis aims to drive value creation while contributing to India's infrastructure development goals. The transaction highlights the continued investor confidence in India's infrastructure sector, despite the challenges posed by the evolving global economic landscape. Actis's decision to invest in these assets underscores its long-term outlook on India's growth potential and its commitment to supporting the country's infrastructure needs. As Actis finalises the acquisition of these assets, stakeholders can anticipate further developments that align with Actis's vision of creating sustainable infrastructure solutions that deliver long-term value for all stakeholders involved. Through strategic investments and partnerships, Actis continues to play a significant role in shaping India's infrastructure landscape and driving sustainable development.

Next Story
Infrastructure Urban

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Next Story
Infrastructure Urban

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Next Story
Infrastructure Urban

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement