Funds Vie for NIIF's $1.2 Billion Roads Portfolio in Intense Competition

22 Dec 2023 CW Team

A fierce competition is underway as a cluster of funds competes for the National Investment and Infrastructure Fund's (NIIF) $1.2 billion road portfolio. The intense battle reflects the robust investor interest and confidence in India's infrastructure sector, highlighting the appeal of NIIF's strategically positioned investment opportunity in the roads segment.

The pursuit of NIIF's roads portfolio emphasises the growing significance of India's infrastructure projects as attractive investment avenues. The $1.2 billion portfolio has sparked keen interest from funds, underscoring the perceived potential for robust returns and long-term growth within the country's evolving roads and highways sector.

As the competition unfolds, this scenario not only positions NIIF as a key player in mobilizing funds for critical infrastructure development but also mirrors the broader trend of increasing investor appetite for India's infrastructure assets. The outcome of this race is anticipated to shape the landscape of road development in the country, with significant implications for the infrastructure investment climate in India.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..