Actis's Roads InvIT aims to raise Rs 20 billion

15 Sep 2023 CW Team

The UK-based global private equity firm Actis is considering the possibility of monetising a collection of operational road assets it possesses in India through an infrastructure investment trust (InvIT). This move has the potential to generate as much as Rs 15 to Rs 20 billion. In the previous year, Actis made the acquisition of a portfolio consisting of six roads. These comprised five hybrid annuity model (HAM) properties and one build-operate-transfer (BOT) road. This acquisition was made from Welspun Enterprises, with a total enterprise value of Rs 60 billion.

This acquisition marked Actis' entry into the roads sector in India, following its successful ventures in the renewable energy industry, where it sold two major platforms, namely Sprng Energy and Ostro Energy.

The Long Life Infrastructure Fund of Actis was responsible for acquiring the six roads. This fund specialises in investing in stable, operational assets across various infrastructure sectors, aiming to deliver substantial cash returns to investors. As per the sources mentioned earlier, Actis has submitted an application for the registration of the trust with the Indian market regulator, the Securities and Exchange Board of India (Sebi).

Sebi's approval has been awaited. Simultaneously, progress is being made on the draft prospectus of the InvIT, and they are expected to submit the draft documents within a month. Axis Capital is providing advisory services to Actis for the InvIT fundraising.

The proposed fundraising, which is anticipated to amount to approximately Rs 15 to 20 billion, will primarily be allocated to repaying or prepaying a portion of the debt associated with the road assets, according to the second source.

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..