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

  • Tolling is the 21st century’s road funding solution
    June 5, 2015
    HNTB’s Rick Herrington and Brad Guilmino put the case for tolling. Tolling is becoming the 21st century solution of choice for generating additional user-based transportation revenue. The proven funding source is being seriously considered for expanded use by cities, states and even the federal government with support from elected officials across the political spectrum. In fact, with each federal transportation reauthorisation, tolling restrictions have been relaxed.
    Read More
  • Virginia presses ahead with tunnels upgrade despite tolls challenge
    July 30, 2013
    David Crawford reviews current developments and legal/financial issues facing tunnel management in Virginia. This autumn the Virginia Department of Transportation (VDOT) in the US will defend its plan to introduce tolling on the Elizabeth River tunnels linking the cities of Norfolk and Portsmouth in the State’s Hampton Roads area. The tolling, which is due to start from February 2014, will be examined by the State’s Supreme Court later this year. The anticipated toll income, along with loans and bonds, is
    Read More
  • Integrating traffic management and tolling technologies
    April 25, 2013
    Jamie Surkont, head of road safety enforcement with Kapsch, outlines the company’s efforts to set up and align new traffic management business units with its more widely recognised tolling expertise The blurring of ITS applications’ edges brought about by systems’ increasing functionalities will ensure that many of the technologies which we have come to rely on for road and traffic management will find it increasingly difficult to exist or operate within tight market verticals. At the same time, systems man
    Read More
  • Indian tech company hackathon aims to solve Bangalore’s congestion
    July 11, 2017
    A Gridlock Hackathon announced by Indian technology company Flipkart, aimed at finding a technology-based response to solving Bangalore's traffic congestion, has received almost 3,000 registrations and response from over 1,000 teams.
    Read More

Highlighted Content