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Macquarie SBI buys 74% stake in GMR road project in AP

Macquarie SBI buys 74% stake in GMR road project in AP

To sell 74 per cent stake in GMR Jadcherla Expressways, GMR Highways has signed an agreement with Macquarie SBI Infrastructure Investments Pte and SBI Macquarie Infrastructure Trust. This GMR Group operates the GJEL Farukhnagar-Jadcherla highway in Andhra Pradesh, under a concession agreement signed with NHAI.

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Macquarie SBI buys 74% stake in GMR road project in AP

Macquarie SBI buys 74% stake in GMR road project in AP

To sell 74 per cent stake in GMR Jadcherla Expressways, GMR Highways has signed an agreement with Macquarie SBI Infrastructure Investments Pte and SBI Macquarie Infrastructure Trust. This GMR Group operates the GJEL Farukhnagar-Jadcherla highway in Andhra Pradesh, under a concession agreement signed with NHAI.