Report
Ircon reportedly puts four highway assets up for sale
The Economic Times reports the assets span four states and have an estimated enterprise value of around ₹3,000 crore.
TLDR
The Economic Times, citing people familiar with the development, reports that Ircon International has put four highway assets up for sale under India's infrastructure monetisation programme. The portfolio includes two toll roads in Madhya Pradesh and Rajasthan and two hybrid annuity projects in Karnataka and Gujarat. The people said the assets' enterprise value is likely around ₹3,000 crore, with Axis Capital holding the sale mandate.
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