{"id":285926,"date":"2019-08-05T05:49:45","date_gmt":"2019-08-05T05:49:45","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=285926"},"modified":"2019-08-05T05:49:45","modified_gmt":"2019-08-05T05:49:45","slug":"cdpq-sekura-roads-in-race-for-gr-infras-ham-road-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cdpq-sekura-roads-in-race-for-gr-infras-ham-road-projects\/","title":{"rendered":"CDPQ, Sekura Roads in race for GR Infra\u2019s HAM road projects"},"content":{"rendered":"<p>MUMBAI: Canadian pension fund Caisse de depot et placement du Quebec (CDPQ), seeking to strengthen its ownership of Indian road assets, is engaged in talks with Delhi-based GR Infraprojects to acquire the latter\u2019s projects run under a hybrid annuity model, two people aware of the talks told ET. <\/p>\n<p>Besides CDPQ, domestic player Sekura Roads Ltd., backed by Edelweiss Infrastructure, is also in the race for buying out 7 ongoing HAM projects that have enterprise value of Rs 4,000-4,500 crore. <\/p>\n<p>The projects include 80 km Phagwara\u2013Rupnagar Section of NH-344A in Punjab; 39km Akkalkot\u2013 Solapur and 45 km Sangli\u2013 Solapur sections in Maharashtra; 61 km Handia\u2014Varanasi section of NH-2 in UP; 117 km Porbandar\u2013Dwarka section of NH-8E and Dwarka-Khambaliya\u2014 Dewaria Section in Gujarat; and 69 km Gundugolanu-\u2014Devarapalli-\u2014Kovvuru section of NH-16. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Canadian pension fund Caisse de depot et placement du Quebec (CDPQ), seeking to strengthen its ownership of Indian road assets, is engaged in talks with Delhi-based GR Infraprojects to acquire the latter\u2019s projects run under a hybrid annuity model, two people aware of the talks told ET. Besides CDPQ, domestic player Sekura Roads Ltd., backed by Edelweiss Infrastructure, is also in the race for buying out 7 ongoing HAM projects that have enterprise value of Rs 4,000-4,500 crore. The projects include 80 km Phagwara\u2013Rupnagar Section of NH-344A in Punjab; 39km Akkalkot\u2013 Solapur and 45 km Sangli\u2013 Solapur sections in [&hellip;]<\/p>\n","protected":false},"author":40,"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-285926","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\/285926","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=285926"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/285926\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=285926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=285926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=285926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}