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Actis acquires four road assets from Patel Infrastructure

UK-based private equity firm Actis has acquired a portfolio of four operational highway assets from Indian infra developer Patel Infrastructure Ltd for an undisclosed sum.

The .. ....

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Actis to acquires road assets for ₹1500 crore - The Hindu BusinessLine

Actis to acquires road assets for ₹1500 crore - The Hindu BusinessLine
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Actis to buy Patel Infra's 5 roads for around $91 mn

Actis may place these road assets under an infrastructure investment trust (InvIT) that will also house the six operating highway toll road projects that it bought from Welspun Enterprises Ltd last year ....

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Highways construction touches record 37 km per day: Nitin Gadkari

He said the achievement was remarkable as it was achieved despite constraints posed by the COVID-19 pandemic.
The ministry of road transport and highways has constructed 13,394 km of highways in fiscal year 2020-21.
Tremendous progress has been achieved in building national highways across the country. We have achieved a road building pace of 37 km of highways a day, Gadkari said.
Gadkari said these achievements are unprecedented and have no parallel in any other country in the world .
He said over the past seven years, length of national highways has gone up by 50 per cent from 91,287 km (as of April 2014) to 1,37,625 km (as on March 20, 2021). ....

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Highways construction touches record 37 km per day: Union minister Nitin Gadkari

NHAI contractor Patel Infrastructure had created a world record by laying the highest quantity of concrete on a four-lane highway in 24 hours recently. ....

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