Actis expands Indian roads portfolio, acquires NHAI HAM concessions

13 Feb 2024 CW Team

On February 8, Actis, an emerging markets infrastructure investor, announced its acquisition of a portfolio comprising four Hybrid Annuity Model (HAM) road assets from Patel Infrastructure Ltd, a construction firm.

Actis has already finalised the acquisition of two completed assets, with plans to acquire an additional two upon completion, according to a statement. While the financial details remain undisclosed, Actis emphasised the attractiveness of these assets, awarded by the National Highways Authority of India (NHAI), due to their availability-based fixed revenues with interest rate indexation features.

Highlighting the substantial opportunities in the Indian market, Actis considers the roads sector a key focus for its investment strategy. This acquisition marks the second roads portfolio in India for Actis through its Long-Life Infrastructure Fund, following the June 2022 acquisition of six operating highway toll road projects from Welspun Enterprises.

Adrian Mucalov, Partner and Head of Long-Life Infrastructure at Actis, expressed optimism about the expansion in India, emphasising the significant potential in both the energy and infrastructure sectors. Actis aims to address critical infrastructure needs in growing markets, particularly where governments seek foreign investment to meet demands. The investment in transport systems, such as toll roads, aligns with Actis' vision for enhancing road efficiency, safety, and environmental sustainability, ultimately fostering connectivity and growth potential.

The statement outlined Actis' commitment to improving road safety, implementing electronic tolling, utilising recycled asphalt for major maintenance, and incorporating solar PV on toll plazas and office buildings as part of its strategy.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..