{"id":624446,"date":"2023-12-26T12:17:49","date_gmt":"2023-12-26T06:47:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=624446"},"modified":"2023-12-26T12:19:26","modified_gmt":"2023-12-26T06:49:26","slug":"ilfs-to-sell-stakes-in-three-road-assets-as-invit-plan-fails","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ilfs-to-sell-stakes-in-three-road-assets-as-invit-plan-fails\/","title":{"rendered":"IL&amp;FS to sell stakes in three road assets as InvIT plan fails"},"content":{"rendered":"<p>Crisis-hit infrastructure finance firm IL&amp;FS is set to sell its stake in three road projects as part of the resolution process after the company&#8217;s new board failed to get approvals to transfer these assets to an infrastructure investment trust (InvIT) as originally planned.<\/p>\n<p>The road projects are Baleshwar-Kharagpur Expressway (BKEL), Jharkhand Infrastructure Implementation Company (JIICL) and Jharkhand Road Projects Implementation Company (JRPICL).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crisis-hit infrastructure finance firm IL&amp;FS is set to sell its stake in three road projects as part of the resolution process after the company&#8217;s new board failed to get approvals to transfer these assets to an infrastructure investment trust (InvIT) as originally planned. The road projects are Baleshwar-Kharagpur Expressway (BKEL), Jharkhand Infrastructure Implementation Company (JIICL) and Jharkhand Road Projects Implementation Company (JRPICL).<\/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-624446","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\/624446","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=624446"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/624446\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=624446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=624446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=624446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}