Ircon International
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Ircon Plans ₹3,000 Crore Monetisation of Four Highway Assets
Ircon International, a government-owned Navratna company, is preparing to sell four of its highway assets across Madhya Pradesh, Rajasthan, Karnataka, and Gujarat. This strategic move is part of the Government of India's infrastructure monetisation program and aims to unlock an estimated value of ₹3,000 crore from these projects.
Ircon Puts Four Highway Assets Up for Sale, Aims to Unlock ₹3,000 Crore Value
Ircon International, a Navratna PSU, is selling four highway assets across Madhya Pradesh, Rajasthan, Karnataka, and Gujarat as part of a government monetisation program. The move aims to unlock an estimated ₹3,000 crore in value from these toll-road and hybrid annuity model projects, advised by Axis Capital.
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