Latest Breaking News On - Bharat road network ltd - Page 1 : comparemela.com
BRNL sells expressway in Odisha to CDPQ-owned India Highway Concession Trust ANI | Updated: Jan 21, 2021 12:07 IST
Kolkata (West Bengal) [India], January 21 (ANI): Bharat Road Network Ltd (BRNL) and its partners have signed an agreement with India Highway Concession Trust an infrastructure investment trust set up by global institutional investor Caisse de depot et placement du Quebec (CDPQ) for the sale of a build-operate-transfer road project in Odisha.
BRNL is currently the largest shareholder with a 40 per cent stake in this project.
The share purchase agreement provides for a complete transfer of ownership of Shree Jagannath Expressway, the special purpose vehicle (SPV) engaged in development, operation and maintenance of a 67-km toll road project from Bhubaneswar to Chandikhole in Odisha.
Madhya-pradesh
India
Odisha
Orissa
Kolkata
West-bengal
Uttar-pradesh
Quebec
Canada
Kerala
Haryana
Emmanuel-jaclot