Go to deals
Construction & Engineering Services

Navayuga Dhola and Dibang PPP roads have been acquired by Edelweiss Infrastructure Yield Plus Fund

Navayuga Road Projects Pvt. Ltd (Navayuga Group) has sold Navayuga Dhola Infra project Pvt. Limited and Navayuga Dibang Infra project Pvt. Limited to Edelweiss Infrastructure Yield Plus Fund.

Navayuga Dhola Infra project is an annuity road project in the state of Assam, India, developed on a PPP between the concessionaire, Navayuga Group and the authority, the Ministry of Road Transport & Highways (MORTH). The PPP road concession is for the construction, development and operation of a 12.9-meter-wide bridge between Dhola and Sadia ghats along with two-lane connecting roads from near Dhola to Islambur tinali, in the Indian state of Assam on a build, operate and transfer, annuity basis.

Navayuga Dibang Infra project is an annuity road project in the state of Arunachal Pradesh, India, developed on a PPP between the concessionaire, Navayuga Group and the authority, the Ministry of Road Transport & Highways (MORTH). The PPP road concession is for the construction, development and operation of the bridge across the Dibang river system and the connecting road between Bomjur–Meka (NH-52), covering a length of 18.950 km, and the construction of a bridge across the river Lohit at Alubari Ghat and the connecting road between Chowkham–Digaru covering a length of 12 km in Arunachal Pradesh, (a total of 30.95 km) on a build, operate and transfer basis.

Edelweiss IYP Fund is one of India's largest yield focused infrastructure investment fund with capital commitments from both domestic and global investors. The fund holds assets worth US$1.4 billion through its platforms.

Navayuga Group is a multi-dimensional corporate entity with an extremely diversified portfolio that includes mammoth public infrastructures in roads, bridges, metro rail, marine works, ports, power projects and huge steel units. It remains the Indian leader by far when it comes to piling, and is now taking its banner across the ocean into the Middle East. Its companies have already established a presence in most geographical areas.

Oaklins’ team in India assisted Navayuga Group to monetize the two PPP annuity road assets and raise funds to reduce the group’s debt.

Service
M&A sell-side
Parties

Talk to the deal team

 Prasanth  Prabhakaran

Prasanth Prabhakaran

Managing Partner
Mumbai, India
Oaklins YES Securities

Related deals

FagFlis Group has been acquired by STARK Group A/S
Construction & Engineering Services

FagFlis Group has been acquired by STARK Group A/S

Through the acquisition of FagFlis Group, Norway’s leading B2B specialist in ceramic tiles and related products, STARK Group A/S, secures a crucial building block in their Nordic growth strategy.

Learn more
Elizabeth Revestimentos has been acquired by Mohawk Industries, Inc
Construction & Engineering Services

Elizabeth Revestimentos has been acquired by Mohawk Industries, Inc

The shareholders of Elizabeth Revestimentos have sold the company to Mohawk Industries, Inc.

Learn more
seniovo GmbH has raised US$4.48 million in a Series B growth financing
Construction & Engineering Services | TMT

seniovo GmbH has raised US$4.48 million in a Series B growth financing

In order to support seniovo’s plans to launch a comprehensive B2B platform, the company was looking for a strategic partner for its expansion. The aim was to position itself as a central service provider on the market via a partner ecosystem.

Learn more