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

Valuation of FIMA Group’s subsidiary FIMA Polska
Construction & Engineering Services

Valuation of FIMA Group’s subsidiary FIMA Polska

FIMA Group has completed a valuation of its Polish subsidiary FIMA Polska.

Learn more
Falcon Green has sold a minority stake to private business investors
Business Support Services | Construction & Engineering Services

Falcon Green has sold a minority stake to private business investors

The private shareholders of JJK Personnel Ltd (trading as Falcon Green) have sold a minority stake in the company to two private business investors.

Learn more
Rapac Communication & Infrastructure Ltd. has raised capital through a stock placement
Construction & Engineering Services | Energy | TMT

Rapac Communication & Infrastructure Ltd. has raised capital through a stock placement

Rapac Communication & Infrastructure Ltd. (Rapac) has completed a fundraising to refinance and develop the company.

Learn more