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

  • Mitsubishi RFID based ETC system begins operation in India
    December 4, 2013
    India's Gujarat state has begun commercial operation of a radio frequency identification (RFID) electronic toll collection (ETC) system supplied by Mitsubishi Heavy Industries (MHI). The system, the country's first fully access-controlled expressway, uses RFID readers installed at toll plazas to detect in-vehicle RFID tags and collect tolls. The 59-lane toll system has six toll plazas; 28 lanes are equipped with the new system, which officials hope will contribute to easing traffic congestion and preserv
  • Ho Chi Minh City ‘must invest in transportation system’
    November 21, 2014
    Ho Chi Minh City (HCMC) could generate economic benefits of US$1.4 billion by investing in making its transportation system more resilient in extreme weather conditions, a study released by Siemens and consulting firm Arup today shows. Siemens and the Arup prepared the study, to show how intelligent infrastructure can assist cities in addressing the increased demand and at the same time offer better protection of their transport networks against extreme weather events. Calculations based on a review o
  • Asian forum calls for vehicle quotas
    April 29, 2013
    The seventh Regional Environmentally Sustainable Transport (EST) Forum in Asia, held in Bali, concluded with a commitment by Asian countries to implement sustainable transportation systems with the signing of the Bali Declaration on Vision Three Zeros — Zero Congestion, Zero Pollution and Zero Accidents. The international forum welcomed representatives from across Asia, as well as international organisations, bilateral and multilateral agencies, research organisations and sustainable transportation professi
  • Active traffic management increases safety and capacity
    February 2, 2012
    WSDOT is deploying Active Traffic Management in order to increase safety and capacity on its strategic roads. WSDOT's Patricia Michaud elaborates