L&T projects to Edelweiss fund for Rs 7000 crore
ROADS & HIGHWAYS

L&T projects to Edelweiss fund for Rs 7000 crore

Alternative Asset Advisors was valued at their company at Rs 7,000 crore. The National Highways Authority of India (NHAI) and the Securities and Exchange Board of India (Sebi) must yet approve the transaction before it can be made public. One asset for power transmission is also included in the sale.

The sale is a component of L&T's asset-light strategy, which has already seen the corporation sell off a number of non-core assets. Concessions held by L&T Infrastructure Development Projects Ltd (L&T IDPL) were also included in that list. Sekura Roads and Sekura Energy are the two operating platforms for the Edelweiss infrastructure fund.

IndInfravit Trust, an infrastructure investment trust (InvIT) that L&T IDPL floated in 2018, attracted important unit holders Allianz Capital Partners, Canada Pension Plan Investment Board, and OMERS Infrastructure. Currently, IndInfravit owns a portfolio of 13 functioning road concessions in five states totaling around 5,000 lane kilometres.

Also read:
L&T Realty develop projects worth Rs 80 bn in Mumbai
L&T Realty signs three cooperative agreements in Mumbai


Alternative Asset Advisors was valued at their company at Rs 7,000 crore. The National Highways Authority of India (NHAI) and the Securities and Exchange Board of India (Sebi) must yet approve the transaction before it can be made public. One asset for power transmission is also included in the sale. The sale is a component of L&T's asset-light strategy, which has already seen the corporation sell off a number of non-core assets. Concessions held by L&T Infrastructure Development Projects Ltd (L&T IDPL) were also included in that list. Sekura Roads and Sekura Energy are the two operating platforms for the Edelweiss infrastructure fund. IndInfravit Trust, an infrastructure investment trust (InvIT) that L&T IDPL floated in 2018, attracted important unit holders Allianz Capital Partners, Canada Pension Plan Investment Board, and OMERS Infrastructure. Currently, IndInfravit owns a portfolio of 13 functioning road concessions in five states totaling around 5,000 lane kilometres. Also read: L&T Realty develop projects worth Rs 80 bn in MumbaiL&T Realty signs three cooperative agreements in Mumbai

Next Story
Real Estate

Mahindra Lifespaces Unveils ‘Home of Positive Energy’

Mahindra Lifespaces has introduced ‘Home of Positive Energy’, a brand philosophy aimed at enhancing well-being through thoughtful design, natural light, and green spaces. The launch includes a digital video campaign (DVC) and a Mobile Experience Centre—a first-of-its-kind traveling showcase across Mumbai.CMO Abhimanyu Mathur stated, “Every Mahindra home is designed as a sanctuary that nurtures aspirations and daily life.” The campaign, developed with The Womb, emphasizes differentiation beyond location and amenities, making well-being central to Mahindra Lifespaces’ identity.With t..

Next Story
Real Estate

Mumbai Registers 11,541 Property Deals in February 2025

According to Knight Frank India, while property registrations in the Mumbai real estate market have moderated, signs of stabilisation are emerging. The market saw a 4 per cent Year-on-Year (YoY) decline in registrations, with 11,541 properties registered in February 2025, compared to 12,056 in the same period last year, based on data from the Maharashtra Inspector General of Registration (IGR).Nevertheless, stamp duty collections remained steady in February 2025, reaching Rs 8.96 billion (bn), which is almost identical to the Rs. 8.85 bn collected in February 2024. On a month-on-month comparis..

Next Story
Resources

Godrej Expands Smart Security Portfolio

Godrej Security Solutions has launched a new range of premium home lockers, blending sophisticated design with advanced security. The company aims for 20% growth in FY26 and a 70% market share in the home locker segment.The new lineup—NX Pro Slide, NX Pro Luxe, Rhino Regal, and NX Seal—features dual-mode access (digital & biometric), intelligent alarms, and space-efficient interiors. Additionally, the Defender Aurum Pro Royal Class E safe meets the BIS-certified QCO mandate for jewellers, while the AccuGold iEDX Series supports precise, non-destructive gold testing.Godrej is expanding ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?