Road & Highways

PNC Infratech’s 12 SPVs acquired by Highway Infrastructure Trust

August 20, 2024

The Competition Commission of India (CCI) has approved the purchase of a 100% equity stake, along with management and control, in 12 special purpose vehicles (SPVs) from PNC Infratech Limited and PNC Infra Holdings by Highway Infrastructure Trust. Highway Infrastructure Trust is an irrevocable trust created under the Indian Trusts Act of 1882 and is...

Ganga Expressway to open before Mahakumbh 2025

August 20, 2024

About Ganga Expressway The Ganga Expressway, a major infrastructure project in Uttar Pradesh, is expected to be completed by December 2024. This highway is designed to improve connectivity across the state, especially in preparation for the Mahakumbh 2025, one of the largest religious events in the world. Stretching about 594 kilometers, the Ganga Expressway will...