L&T projects to Edelweiss fund for Rs 7000 crore

26 Jul 2022 CW Team

Alternative Asset Advisors was valued at their company at Rs 7,000 crore. The National Highways Authority of India (NHAI) and the Securities and Exchange Board of India (Sebi) must yet approve the transaction before it can be made public. One asset for power transmission is also included in the sale.

The sale is a component of L&T's asset-light strategy, which has already seen the corporation sell off a number of non-core assets. Concessions held by L&T Infrastructure Development Projects Ltd (L&T IDPL) were also included in that list. Sekura Roads and Sekura Energy are the two operating platforms for the Edelweiss infrastructure fund.

IndInfravit Trust, an infrastructure investment trust (InvIT) that L&T IDPL floated in 2018, attracted important unit holders Allianz Capital Partners, Canada Pension Plan Investment Board, and OMERS Infrastructure. Currently, IndInfravit owns a portfolio of 13 functioning road concessions in five states totaling around 5,000 lane kilometres.

Also read:
L&T Realty develop projects worth Rs 80 bn in Mumbai
L&T Realty signs three cooperative agreements in Mumbai

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..