Race for IVRCL-backed road project includes Adani arm and others `

12 Sep 2022 CW Team

Adani Road Transport, Silver Point Capital, Cube Highways, and Kotak Investments Advisors are vying for the special purpose vehicle (SPV) promoted by IVRCL that owns the IVRCL Chengapalli Tollways.

The bankruptcy court acknowledged the tollway's insolvency in April, and now insolvency proceedings are underway.

The other two applicants to submit expressions of interest were Global Infrastructure Partners (GIP) India and Highways Infrastructure Trust (HIT).

Global investment fund KKR developed the road infrastructure investment trust HIT, and the global infrastructure fund GIP. SPCL Luxembourg Advisors, a Silver Point affiliate, has made an expression of interest.

Also read:
IRF to conduct audit of Ahmedabad-Mumbai highway
Construction begins on Kompally NH extension

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..