National Investment and Infrastructure Fund (NIIF) takes first step towards building its portfolio in the roads and highways sector! The NIIF, through the NIIF master fund, has acquired Essel Devanahalli Tollway and Essel Dichpally Tollway. These road infra projects will be managed by Athaang Infrastructure, the proprietary roads platform of NIIF, backed by an experienced professionals’ team with rich domain expertise in the transportation sector, according to a PTI report. A strategic arterial 22 km long six-lane toll road in the state of Karnataka, Essel Devanahalli connects Bengaluru city and its airport. While Essel Dichpally is a 60 km long four-lane toll road in the state of Telangana.
