WebApr 15, 2024 · The road project is part of the national highway 66 which connects Mumbai to Kanyakumari. The toll road has a concession period of 25 years starting 2010. The acquisition of the road asset will be done through an infrastructure investment trust (InvIT) set up by KKR to house all the operating road assets that it acquires. WebNHIT is registered as an irrevocable trust under Indian Trust Act 1882 and is registered as Infrastructure Investment Trust (InvIT) under SEBI (Infrastructure Investment Trust) Regulations 2014. Currently five road projects with a total stretch of 388.83 km namely Palanpur- Abu Road, Abu Road- Swaroopganj, Chittorgarh-Kota, Kothakota -Kurnool and
KKR Launches Highways Infrastructure Trust in India
WebIRB Infrastructure Developers March 2024 toll collection: Details The total toll collection in March 2024 stood at Rs 3,69.9 crore as against Rs 306 crore in March 2024. In February 2024, the toll ... WebFor each Highway Infrastructure Projects request, Members will need to provide specific information through the electronic submission process. The database will include the … smart discharge form
Cube Highways files document for privately placed Rs 5,226-crore InvIT
WebNov 4, 2024 · GS Paper 3. Topics Covered: Investment models. Context: Canadian Pension Plan Investment Board and Ontario Teachers’ Pension Plan will be the anchor investors for the Infrastructure Investment Trust (InvIT) of the National Highways Authority of India (NHAI) with each picking up 25% stake.. Besides, NHAI would retain a minimum of 15% … WebThe Policy on code of conduct required of Highways Infrastructure Trust and Parties to the Highways Trust aims at formulating a framework for ensuring interest of all the Unitholders of the InvIT and proper conduct and carrying out of the business and affairs of the Highways Trust in accordance with Applicable Law, as amended or supplemented, including any … WebApr 5, 2024 · Cube Highways and Infrastructure (Cube), a Singapore-based company investing in road and highway projects, has filed an offer document for its Rs 5,226-crore privately-placed infrastructure investment trust (InvIT). The InvIT Cube Highways Trust will raise Rs 3,803 crore in fresh capital and the remaining Rs 1,423 crore will of secondary … smart discount shops working hours