GMR Infrastructure plans to mop up around $200 million by offloading its road projects to private equity investors.Reports indicate that the company is discussing the sale with the UK based private equity firm 3i Group Plc, IDFC PE and SBI Macquarie.GMR is also looking at an eventual initial public offering of its road assets, reports suggest.
Tag: IDFC-PE
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Experts discuss project and policy solutions to financing hiccups
Stemming from India's nascent entry into private development of gigantic proportions in infrastĂÂructure, the financing of this behemoth has often been called the hiccup in the works.