Latest Articles in Bharat Road Network Ltd BRNL
Bharat Road Network signs deal with Cube Highways for the sale of a 126-kilometer road project in Uttar Pradesh, India
• BRNL along with its partner's inks deal for the complete transfer of ownership in an operating toll road project from Ghaziabad to Aligarh on National Highway 34 • The sale reaffirms the commitment of BRNL to reduce the debt and also capitalize on the growth opportunities in the highways sector. • The transaction is done at an enterprise value of up to INR 1600 crores.
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Bharat Road Network signs deal with CDPQ for the sale of a 67-kilometer road project in Odisha, India
• Global institutional investor CDPQ to carry out its first transportation investment in India with the purchase of a 67-kilometer expressway from BRNL and its partners. • The asset will be the first of a new CDPQ-owned platform dedicated to road infrastructure in India • The sale will allow BRNL to reduce the debt and also to utilise the proceeds for organic and inorganic growth
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