{"id":628563,"date":"2024-01-17T10:19:46","date_gmt":"2024-01-17T04:49:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=628563"},"modified":"2024-01-17T11:03:38","modified_gmt":"2024-01-17T05:33:38","slug":"major-boost-to-roadways-highway-infrastructure-trust-expands-reach-with-rs-9005-7-crore-acquisition-of-12-road-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/major-boost-to-roadways-highway-infrastructure-trust-expands-reach-with-rs-9005-7-crore-acquisition-of-12-road-projects\/","title":{"rendered":"Major boost to roadways! Highway Infrastructure Trust expands reach with Rs 9,005.7 crore acquisition of 12 road projects"},"content":{"rendered":"<p>The Highway Infrastructure Trust (HIT) has finalised definitive agreements with PNC Infratech Ltd and PNC Infra Holdings Ltd for the acquisition of 12 road projects, marking a major stride in the infrastructure sector. The enterprise value of this strategic move stands at Rs 9,005.7 crore, signaling a robust commitment to enhancing the nation\u2019s highway network. <\/p>\n<p>Details of the project <\/p>\n<p>According to a statement from Highway Infrastructure Trust, the targeted portfolio includes 11 Hybrid Annuity (HAM) concessions from the National Highways Authority of India (NHAI) and 1 toll road concession from the Uttar Pradesh State Highways Authority (UPSHA), spanning approximately 3,800 lane kilometers across Rajasthan, Uttar Pradesh, Madhya Pradesh, and Karnataka.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Highway Infrastructure Trust (HIT) has finalised definitive agreements with PNC Infratech Ltd and PNC Infra Holdings Ltd for the acquisition of 12 road projects, marking a major stride in the infrastructure sector. The enterprise value of this strategic move stands at Rs 9,005.7 crore, signaling a robust commitment to enhancing the nation\u2019s highway network. Details of the project According to a statement from Highway Infrastructure Trust, the targeted portfolio includes 11 Hybrid Annuity (HAM) concessions from the National Highways Authority of India (NHAI) and 1 toll road concession from the Uttar Pradesh State Highways Authority (UPSHA), spanning approximately 3,800 [&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":[130,197,138],"tags":[],"class_list":["post-628563","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/628563","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=628563"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/628563\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=628563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=628563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=628563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}