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

 Vikas  Dawra

Vikas Dawra

Managing Director

Mumbai, India
Oaklins YES Securities
 Hrishi  Gandhi

Hrishi Gandhi

Partner

Mumbai, India
Oaklins YES Securities

Related deals

OKNygaard has been acquired by idverde
Business Support Services | Construction & Engineering Services

OKNygaard has been acquired by idverde

The shareholders of OKNygaard have sold the company to idverde.

Learn more
ESE Engineering und Software-Entwicklung has been acquired by DB Engineering & Consulting
Construction & Engineering Services | TMT

ESE Engineering und Software-Entwicklung has been acquired by DB Engineering & Consulting

The three private shareholders of ESE Engineering und Software-Entwicklung GmbH (ESE) have sold their shares to DB Engineering & Consulting GmbH.

Learn more
Maner Builders Supply Co. has been acquired by US LBM Holdings, LLC
Construction & Engineering Services | Logistics

Maner Builders Supply Co. has been acquired by US LBM Holdings, LLC

The shareholders of Maner Builders Supply Co. have sold the company to US LBM Holdings, LLC. Additionally, Maner also sold its real estate to STORE Capital (STORE) in a sale-leaseback transaction.

Learn more