{"id":290320,"date":"2019-09-04T06:45:56","date_gmt":"2019-09-04T06:45:56","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=290320"},"modified":"2019-09-04T06:57:45","modified_gmt":"2019-09-04T06:57:45","slug":"i-squared-cap-niif-among-14-bidders-for-ilfs-road-assets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/i-squared-cap-niif-among-14-bidders-for-ilfs-road-assets\/","title":{"rendered":"I Squared Cap, NIIF among 14 bidders for IL&amp;FS road assets"},"content":{"rendered":"<p>MUMBAI: Global infrastructure investment fund I Squared Capital, the National Investment and Infrastructure Fund (NIIF), Singapore-based infrastructure investment platform Cube Highways and EdelweissNSE -3.49 % Financial Services have shown interest in buying road assets worth about Rs 20,000 crore from the Infrastructure Leasing &amp; Financial Services (IL&amp;FS) group, said people with knowledge of the matter. <\/p>\n<p>Fourteen entities have submitted bids for 10 road assets with debt of Rs 17,700 crore, which accounts for nearly a fifth of total IL&amp;FS group debt. <\/p>\n<p>With a debt obligation of around Rs 1 lakh crore, IL&amp;FS has 28 build-operate-transfer projects under the listed IL&amp;FS Transportation Networks (ITNL).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Global infrastructure investment fund I Squared Capital, the National Investment and Infrastructure Fund (NIIF), Singapore-based infrastructure investment platform Cube Highways and EdelweissNSE -3.49 % Financial Services have shown interest in buying road assets worth about Rs 20,000 crore from the Infrastructure Leasing &amp; Financial Services (IL&amp;FS) group, said people with knowledge of the matter. Fourteen entities have submitted bids for 10 road assets with debt of Rs 17,700 crore, which accounts for nearly a fifth of total IL&amp;FS group debt. With a debt obligation of around Rs 1 lakh crore, IL&amp;FS has 28 build-operate-transfer projects under the listed IL&amp;FS [&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-290320","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\/290320","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=290320"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/290320\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=290320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=290320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=290320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}