NIIF looks to sell over $1 billion worth of maiden roads portfolioThe key among these are two highways in Jammu and Kashmir acquired separately by the fund in 2022. The 16.3-kilometre Qazigund Banihal Expr...
19 Oct, 2023, 12.56 AM IST
Ashoka concessions restarts talks to sell BOT toll road assetsAshoka Concessions, a subsidiary of Ashoka Buildcon, is in talks with global funds including Canada's CDPQ, Macquarie, Cube Highways, and I...
14 Sep, 2023, 12.42 AM IST
NIIF to raise half-a-billion dollars for road assets via Maiden InvITInitial discussions with merchant bankers have taken place and a couple of bankers will be hired soon, they said. The aggregate portfolio s...
21 Mar, 2023, 12.46 AM IST
KKR, NIIF, Cube, Sekura eye road assets in SouthIncorporated in 2009, the 90-kilometre Navayuga Udupi Tollway covers Kundapur-Surathkal and Mangalore-Kerala border sections on NH17, which...
11 Nov, 2022, 12.56 AM IST
NIIF buys Shapoorji Pallonji's SP Jammu Udhampur HighwaySP Jammu Udhampur is the developer for the Jammu Udhampur Highway project under concession from National Highways Authority of India on a B...
03 Aug, 2022, 06.24 AM IST
NIIF acquires Navayuga Quazigund Expressway in Jammu & KashmirThe operational tunnel road in the union territory of Jammu and Kashmir will be managed by NIIF Master Fund’s proprietary roads platform At...
18 Jul, 2022, 11.56 AM IST
NIIF to bring new investors on debt platformThe NIIF debt platform consists of NIIF Infrastructure Finance (NBFC-IDF) and Aseem Infrastructure Finance (NBFC-IFC) and together they hav...
08 Jul, 2022, 02.57 PM IST
NIIF may acquire Ashoka Buildcon toll road company for Rs 1,000 croreJaora-Nayagaon Toll Road was originally owned by a consortium of four developers - SREI Group, PNC Infratech, IFCI and SPML Infra, as a spe...
03 Jun, 2022, 10.38 AM IST
NIIF in talks to acquire Ashoka Concessions’ 3 operating road assetsThe management of Ashoka Concession plans to split the portfolio of 15 road assets into separate assets and sell to investors as the sale o...
15 Mar, 2021, 08.40 AM IST
National Investment and Infra Fund emerges top bidder for Mahindra Susten's solar assetsIf the deal materialises, it would be the first major acquisition by NIIF in the renewable energy space. NIIF is already an investor in CDC...
16 Dec, 2020, 10.02 AM IST
National Investment and Infrastructure Fund acquires 2 Essel projectsThe National Investment and Infrastructure Fund (NIIF) on Monday said it has acquired Essel Devanahalli Tollway and Essel Dichpally Tollway...
02 Nov, 2020, 02.46 PM IST
ADB to invest $100 million in NIIF fund of fundsADB will now join the Government of India (GOI) and Asian Infrastructure Investment Bank (AIIB) as an investor in the Fund, said a press st...
30 Mar, 2020, 10.42 AM IST
India’s SWF gets ready to launch non-bank lenderNIIF already counts CPPIB, Abu Dhabi Investment Authority, AustralianSuper, Ontario Teachers’ Pension Plan, Temasek, Axis Bank, HDFC Group,...
21 Jan, 2020, 08.29 AM IST
CPPIB leads race to buy Ashoka Concessions for Rs 5,500 croreSeveral companies were on the run to acquire Ashoka Concessions for an enterprise value of Rs 5,000-6,000 cr as revenue-generating highway ...
24 Dec, 2019, 06.32 AM IST
AustralianSuper, Ontario Teachers’ to invest $2 bn in NIIFThe agreements include commitments of $250 million each in the Master Fund and co-investment rights of up to $750 million each in future op...
07 Aug, 2019, 06.56 AM IST
NIIF may move to acquire stressed infrastructure projectsNIIF’s mandate is to stick to infrastructure and it’s not likely to join the asset management company (AMC) proposed by banks to deal with ...
10 Jul, 2018, 07.23 AM IST
Canada Pension Funds may drive in Rs 4000 crore to IndiaIndia is looking to boost investment in roads, ports, railways, energy and airports to upgrade its woeful infrastructure as part of efforts...
20 Sep, 2017, 10.54 AM IST