Media reports indicate that SREI Infrastructure Finance may spruce up its portfolio of road and power projects through acquisition.
It is learnt that the firm is eyeing road and power projects, the promoters of which have already undergone a credit restructuring or they are ready to exit.
Specifically, the firm wants to buy these projects in case promoters intend to go for distressed sales.
SREI Group has diversified interests in power generation and distribution, oil and gas exploration services, telecom infrastructure (towers), rural IT infrastructure and others.
Through DPSC, SREI plans to invest in a Rs 2,475-crore power generation capacity at Haldia.
Leave a Reply
You must be logged in to post a comment.