{"id":309899,"date":"2020-01-10T12:36:14","date_gmt":"2020-01-10T07:06:14","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=309899"},"modified":"2020-01-10T12:36:14","modified_gmt":"2020-01-10T07:06:14","slug":"reliance-infrastructure-gets-nod-from-nhai-for-sale-of-delhi-agra-road","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-infrastructure-gets-nod-from-nhai-for-sale-of-delhi-agra-road\/","title":{"rendered":"Reliance Infrastructure gets nod from NHAI for sale of Delhi-Agra road"},"content":{"rendered":"<p>NEW DELHI: Reliance Infrastructure (RInfra) has got in-principle nod from the National Highways Authority of India (NHAI) for sale of Delhi-Agra toll road to Cube Highways and Infrastructure for Rs 3,600 crore, an RInfra official said on Thursday.<br \/>\nRInfra will utilise the proceeds to reduce debt.<br \/>\n&#8220;Reliance Infrastructure has received the in-principle approval for Harmonious Substitution in the Delhi-Agra (DA) toll road project on January 7 from the National Highways Authority of India (NHAI)&#8230; Reliance Infrastructure will receive an enterprise value of Rs 3,600 crore including equity of up to Rs 1,700 crore,&#8221; the RInfra official said.<br \/>\nThis approval paves the way to close the sale of the 180-km 6-lane Delhi-Agra toll road to Cube Highways and Infrastructure III Pte Ltd, which is owned by a Singapore-based Global Infrastructure Fund, I Squared Capital, and a wholly-owned subsidiary of the Abu Dhabi Investment Authority, the official said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Reliance Infrastructure (RInfra) has got in-principle nod from the National Highways Authority of India (NHAI) for sale of Delhi-Agra toll road to Cube Highways and Infrastructure for Rs 3,600 crore, an RInfra official said on Thursday. RInfra will utilise the proceeds to reduce debt. &#8220;Reliance Infrastructure has received the in-principle approval for Harmonious Substitution in the Delhi-Agra (DA) toll road project on January 7 from the National Highways Authority of India (NHAI)&#8230; Reliance Infrastructure will receive an enterprise value of Rs 3,600 crore including equity of up to Rs 1,700 crore,&#8221; the RInfra official said. This approval paves [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,221,137],"tags":[],"class_list":["post-309899","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309899","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=309899"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309899\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=309899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=309899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=309899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}