India's road infrastructure financing is witnessing a gradual shift towards public Infrastructure In

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India's road infrastructure financing is witnessing a gradual shift towards public Infrastructure In

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Cube raises ₹3,500 cr to buy NHAI toll roads
Cube raises ₹3,500 cr to buy NHAI toll roads
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Cube Highways and Infrastructure on Tuesday announced an agreement with State Bank of India (SBI) for a ₹3,500 crore term loan facility to purchase the third bundle of road assets auctioned under the government’s toll-operate-transfer (TOT) model.
This is one of the largest financings in India’s road sector, said Cube Highways, which was set up by global infrastructure investment…
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