Times of India | Highway PPP projects opened to PE, pension and venture funds

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The Indian government’s road transport ministry has revised the bidding rules for Build‑Operate‑Transfer highway projects, now allowing venture‑capital, private‑equity, infrastructure and pension funds—through Alternative Investment Funds (AIFs) and Foreign Investment Funds (FIFs)—to participate alongside traditional highway developers and construction firms. The new framework, aimed at attracting deeper, long‑term capital, evaluates AIFs and FIFs solely on financial capacity (set at twice the usual threshold) while still assessing technical and financial strength for conventional bidders. Funds must partner with qualified construction contractors, whose credentials will be vetted by the authority, ensuring competent execution of projects. This shift is intended to bring higher‑quality investment and better returns to India’s highway sector under the PPP model.

Read more: https://timesofindia.indiatimes.com/india/highway-ppp-projects-opened-to-pe-pension-and-venture-funds/articleshow/130998018.cms

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