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3i deploys Rs 700 cr on infra projects

3i deploys Rs 700 cr on infra projects

T3i India Infrastructure Fund, part of the UK-listed 3i group, has invested about $157 million (about Rs 700 crore) in road and power projects, taking close to four months to close the deals as increased approvals from authorities and the fund’s own stricter due diligence extended the time.

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French Connection

French Connection

India would like French companies to help develop its fast-growing motorway network, Minister for Road Transport and Highways Kamal Nath said to the Frech media.

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11 projects under one roof

11 projects under one roof

Reliance Infrastructure (RInfra) is in the process of consolidating its road projects assets, which involve an investment of Rs 12,000 crores, into a holding company to pave way for a potential IPO or private equity investment in the future.