Skip to main content

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.

For more information on companies in this article

Related Content

  • China plans more ITS deployment despite economic slowdown
    March 30, 2017
    The Chinese government is turning to ITS to help solve urban traffic congestion in the majority of its large cities. Eugene Gerden reports. China is investing an estimated 3.5bn yuan ($551 million) per year in ITS and while the country’s current economic strategy may see this decline, the government plans to continue active development of the national intelligent transport system.
  • Virgin Hyperloop signs MoU with Government of Maharashtra on preliminary study
    November 17, 2017
    Virgin Hyperloop One has signed a Memorandum of Understanding with the Government of Maharashtra to conduct a preliminary study in the Indian region. The test aims to analyse the applicability and benefits of hyperloop technology, identify high priority routes within the State based on demand analysis and socio-economic benefits, and inform the Government of in any future decision to progress to the full project stage. Hyperloop One could benefit passengers by reducing a three hour car journey from Mumbai
  • Do satellites provide a heavenly view of tolling’s future?
    December 16, 2014
    Satellite-based tolling opens up new options for authorities and can be integrated with DSRC systems as David Crawford discovers. As the proud custodian of the European Union (EU)’s longest road network covered by a single (truck) charging scheme – and the only one to include all major roads - Slovakia has become the continent’s poster-nation for the virtues of GNSS/CN (Global Navigation Satellite System/Cellular Network)-based tolling. It is also proved to be a very fast implementer. Speaking at the 2014 I
  • Can GNSS solve the tolling world’s woes?
    December 5, 2013
    Kapsch’s Arno Klamminger and Wolfgang Fleischer consider the need for an agnostic approach to technology for charging and tolling. Periodically, given the march of technology, it is worth pausing and taking stock of where we have got to and where we go next. Such reflections are necessary if we are to take full advantage of what we have at our disposal and, potentially, avoid decisions which push us down technological culs de sac. A look at the use of Global Navigation Satellite System (GNSS)-based technol