Canadian asset manager looking to buy Indian toll roads

Canadian asset manager Brookfield has emerged as the front runner to take over the portfolio of 11 road projects owned by Reliance Infrastructure in India, according to the country’s Economic Times. Reliance is among the largest NHAI concessionaire with concession periods ranging from 18-30 years. All its 11 roads - located in high traffic urban corridors including New Delhi, Bangalore, Jaipur, Agra, Gurgaon, Pune among others - currently generate revenues.
August 1, 2016 Read time: 1 min
Canadian asset manager Brookfield has emerged as the front runner to take over the portfolio of 11 road projects owned by 5881 Reliance Infrastructure in India, according to the country’s Economic Times.

Reliance is among the largest NHAI concessionaire with concession periods ranging from 18-30 years. All its 11 roads - located in high traffic urban corridors including New Delhi, Bangalore, Jaipur, Agra, Gurgaon, Pune among others - currently generate revenues.
Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • IRD wins three tolling contracts in India
    February 3, 2012
    IRDSA (IRD South Asia), the wholly-owned subsidiary of International Road Dynamics (IRD) has signed three tolling contracts in India with a total value of over US$1.5 million.
    Read More
  • Strategic road deals across India
    April 17, 2012
    A series of key highway projects will help transform India’s internal links as well as its connections to neighbouring nations. A new US$1.2 billion highway in India running through Ahmedabad-Udaipur-Kishangarh through the states of Gujarat and Rajasthan is attracting strong interest. So far 11 bids have been made including offers from a consortium comprising Belford-GVK, Soma-Isolux, Vince-Hindustan Construction, IRB Infrastructure (IRB)-Reliance Infra and Plus-Nagarjuna Construction. Other bidders include
    Read More
  • Efkon plans US$19.5 million investment in India
    April 13, 2012
    Within the next four or five years, more than US$19.44 million will be invested by Efkon India in its urban transportation and highway tolling businesses in the country. Pushkar Kulkarni, CEO of Efkon India told The Economic Times that the company will be increasing its investments since more contracts are being awarded by the National Highways Authority of India. He projected the domestic highway tolling equipment segment to grow by 10 times within the next five years, while the toll plaza operation and m
    Read More
  • India to invest in transportation to boost urban economies
    November 13, 2012
    Grand plans have been announced for transport investment in India aimed at boosting city economies. India’s Government Secretary for Urban Development Sudhir Krishna explains all to Jason Barnes. There are many reasons for developed countries’ high levels of urbanisation, not least of which is that the types of employment to be found in towns and cities tend to generate relatively greater wealth and so make greater contributions to a country’s economy. That creates the imperative for developing nations to f
    Read More

Highlighted Content