CDPQ is set to acquire five build-operate-transfer (BOT) toll road assets of Ashoka Concessions, a subsidiary of highway builder Ashoka Buildcon, for an enterprise value of ₹4,500 crore, said people aware of the matter.
The deal will be signed this week, the people said, adding the assets will be bought by CDPQ through its infrastructure trust-Indian Highway Concession Trust (IHCT).
Parent Ashoka Buildcon currently has a 66% stake in Ashoka Concessions with the rest held by SBI Macquarie. Macquarie had invested ₹800 crore in Ashoka Concessions in 2012 through the Macquarie-SBI Infrastructure Fund (MSIF).
CDPQ and UK-based Actis were in the final race for the assets, ET first reported in December.
Data Science
SQL for Data Science along with Data Analytics and Data Visualization
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A Hands-On
By — Metla Sudha Sekhar, IT Specialist and Developer
Legal
Digital Personal Data Protection Act 2023
By — Gaurav Khera, Partner, Risk Advisory: Deloitte
Artificial Intelligence(AI)
AI and Analytics based Business Strategy
By — Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI
Office Productivity
Mastering Microsoft Office: Word, Excel, PowerPoint, and 365
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By — Metla Sudha Sekhar, IT Specialist and Developer
Strategy
ESG and