{"id":264458,"date":"2019-03-15T06:36:37","date_gmt":"2019-03-15T06:36:37","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=264458"},"modified":"2019-03-15T06:36:37","modified_gmt":"2019-03-15T06:36:37","slug":"reliance-infrastructure-in-pact-to-sell-delhi-agra-road-project-to-cube-highways","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-infrastructure-in-pact-to-sell-delhi-agra-road-project-to-cube-highways\/","title":{"rendered":"Reliance Infrastructure in pact to sell Delhi-Agra road project to Cube Highways"},"content":{"rendered":"<p>Reliance InfrastructureNSE -1.32 % has entered into an agreement with Cube Highways for sale of 100% stake in Delhi-Agra Toll Road for an enterprise value of over Rs 3,600 crore, the Anil Ambani-led company said Thursday. <\/p>\n<p>Reliance InfrastructureNSE -1.46 % said that proceeds from the Delhi-Agra Toll road sale to be used for debt reduction. <\/p>\n<p>&#8220;With this transaction, debt to reduce by over 25%, to less than Rs 5,000 crore against a net-worth of Rs 23,700 crore,&#8221; Reliance Infrastructure said. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance InfrastructureNSE -1.32 % has entered into an agreement with Cube Highways for sale of 100% stake in Delhi-Agra Toll Road for an enterprise value of over Rs 3,600 crore, the Anil Ambani-led company said Thursday. Reliance InfrastructureNSE -1.46 % said that proceeds from the Delhi-Agra Toll road sale to be used for debt reduction. &#8220;With this transaction, debt to reduce by over 25%, to less than Rs 5,000 crore against a net-worth of Rs 23,700 crore,&#8221; Reliance Infrastructure said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,193,136],"tags":[],"class_list":["post-264458","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/264458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=264458"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/264458\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=264458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=264458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=264458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}