CDPQ and Actis Compete for Ashoka Concessions BOT Road Assets
ROADS & HIGHWAYS

CDPQ and Actis Compete for Ashoka Concessions BOT Road Assets

In a significant development in the infrastructure investment sector, CDPQ and Actis are locked in fierce competition to acquire the BOT (Build-Operate-Transfer) road assets of Ashoka Concessions. These prominent investment firms are strategically positioning themselves to seize control of key road infrastructure projects, eyeing lucrative opportunities in India's growing transport network. The assets in question encompass a portfolio of roads and highways, crucial components of the country's transportation backbone. This bidding war signifies the attractiveness of India's infrastructure market for international investors seeking stable, long-term returns. Both CDPQ and Actis bring substantial financial prowess and expertise in infrastructure investments to the table, intensifying the competition. The outcome of this contest is poised to influence the trajectory of road development projects in the country. As India continues to focus on enhancing its connectivity and infrastructure, the involvement of these global financial powerhouses underscores the sector's significance.

In a significant development in the infrastructure investment sector, CDPQ and Actis are locked in fierce competition to acquire the BOT (Build-Operate-Transfer) road assets of Ashoka Concessions. These prominent investment firms are strategically positioning themselves to seize control of key road infrastructure projects, eyeing lucrative opportunities in India's growing transport network. The assets in question encompass a portfolio of roads and highways, crucial components of the country's transportation backbone. This bidding war signifies the attractiveness of India's infrastructure market for international investors seeking stable, long-term returns. Both CDPQ and Actis bring substantial financial prowess and expertise in infrastructure investments to the table, intensifying the competition. The outcome of this contest is poised to influence the trajectory of road development projects in the country. As India continues to focus on enhancing its connectivity and infrastructure, the involvement of these global financial powerhouses underscores the sector's significance.

Next Story
Infrastructure Energy

Udangudi Thermal Plant’s First Unit Synced to Grid

The first 660 MW unit of the Udangudi Supercritical Thermal Power Project in Tamil Nadu has finally been synchronised with the grid, marking a long-awaited milestone for the state’s power sector. The project, being developed at a cost of Rs 13,076 crore by Tamil Nadu Power Generation and Distribution Corporation Ltd (TNGPCL), was originally scheduled for commissioning in 2021 but faced repeated delays due to court disputes and the COVID-19 pandemic.The synchronisation took place at 7.56 pm on Thursday, when the unit produced 42 MW during its initial trial run. Officials noted that the plant ..

Next Story
Infrastructure Transport

Kandla Port to Expand Operations Beyond Gujarat

In a strategic shift, Kandla Port, managed by the Deendayal Port Authority (DPA), is preparing to expand its operations beyond Gujarat for the first time. The authority has confirmed that it is exploring opportunities to manage both public and private terminals in Maharashtra and Karnataka.Kandla Port, located in Gujarat’s Kutch district, has traditionally been one of India’s busiest ports, handling more than 150 million tonnes of cargo in the last financial year. About 60 per cent of this was petroleum, oil, and lubricants, while the remainder included timber, food grains, chemicals, and ..

Next Story
Infrastructure Transport

Mumbai Port Seeks Nod to Reclaim Sea at Jawahar Dweep

The Mumbai Port Authority (MbPA) has proposed reclaiming 4.14 hectares of sea at Jawahar Dweep, also known as Butcher Island, to build additional crude oil storage facilities. The proposal, which will be placed before the Maharashtra Coastal Zone Management Authority for clearance, aims to improve turnaround times for ships handling petroleum and chemical cargo.Officials argue that the move is essential, as liquid petroleum and chemicals account for nearly 70 per cent of the port’s cargo. Currently, oil unloaded at Mumbai Port is piped to refineries in Mahul, but limited storage capacity has..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?