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Safeway Concessions acquired the rights to operate nine highways spanning nearly 700 kilometres across Andhra Pradesh and Gujarat in 2018.
Vinci is set to acquire Safeway Concessions' nine highways in India for nearly $2 billion.
KEY POINTS
- Vinci plans to establish a dedicated India unit for these assets, avoiding InvIT structures.
- Macquarie's sale of Safeway reinforces the viability of India's TOT model for global investors.
- NHAI has identified 24 assets for monetization, potentially raising ₹21,000-24,000 crore in 2025-26.
- Icra projects 7-9% toll collection growth in 2025-26 due to rising toll rates and traffic.
COMPANIES
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