Reach us: 7304553123 / mktg@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Madhucon to offload stake in expressways project to IDFC

Monday, 10 Feb 2014
Share this on :

Madhucon Projects plans to offload 74 per cent stake in Madhucon Agra-Jaipur Expressways, to IDFC Alternatives, a private equity (PE) arm of IDFC.

 

The project, built on BOT basis along National Highway (NH)-11, connects NH-8 with NH-2, which are part of the Golden Quadrilateral. The expressway connects Bharatpur with Mahua in Rajasthan. It was awarded by the National Highways Authority of India (NHAI) with a concession period of 25 years, starting 31 October 2005. Tolling on the expressway started in May 2009.

 

The valuation at which IDFC Alternatives will acquire stake in the project is not yet disclosed.

 

Apart from Madhucon, Srei Infrastructure Finance, a minority stake holder in the expressways project, is also likely to exit as part of the transaction.

New Password
Confirm Password