पीएनसी इंफ्राटेक ने 10 हाईवे प्रोजेक्ट्स में इक्विटी हिस्सेदारी बेची, जानें डील की कीमत

Rapid Summary

• Company Involved: PNC Infratech Limited and its subsidiary, PNC Infra Holdings Limited.
• Transaction Details: Completed equity stake sale in 10 road assets for ₹1827.6 crore (excluding other receivables).
• Buyer: Highway Infrastructure Trust (HIT), an Infrastructure Investment trust sponsored by funds advised by affiliates of KKR & Co. Inc.
• Location of Projects: Primarily situated in Uttar Pradesh, with additional projects across states including Karnataka, Rajasthan, and Madhya Pradesh.
• Projects List:

– PNC Rajasthan Highways Pvt Ltd
– PNC chitradurga Highways Pvt Ltd
– PNC Aligarh Highways pvt Ltd
– PNC Bundelkhand Highways Pvt Ltd
– Others covering regions such as Khajuraho, Haridwar-Merut corridor, Unnao, Kanpur-Bithoor corridor among others.

• Future Outlook: Two remaining projects to be sold are expected to complete the process in FY26’s first half following fulfillment of conditions.

Indian Opinion Analysis

PNC Infratech’s decision to sell its equity stake aligns with a strategic move to recycle invested capital into new infrastructure opportunities aligned with India’s ambitious growth agenda in transportation and development sectors. By handing over ownership to HIT backed by prominent global investors like KKR affiliates, this transaction underscores increased trust from international financial institutions in Indian infrastructure ventures.For India’s economy and infrastructure landscape, such large-scale asset transactions reflect positive momentum toward modernizing public highways through PPP models such as HAM and BOT toll approaches. Recycling capital is critical for companies tackling resource-intensive government partnerships under evolving regulatory scenarios.

Should further divestments follow timeline expectations (FY26 completion), it could cement India’s reputation globally for systemic efficiency within infrastructure investments-a key enabler as it scales economic modernization strategies focused on connectivity enhancements across states.Read More