Maple Infrastructure Trust has acquired five toll road assets from Ashoka Concessions Limited and associated entities, adding over 2,100 lane kilometres to its existing portfolio. This expands the trust's holdings from two assets covering 1,212 lane kilometres to seven assets totaling 3,328 lane kilometres, marking a 1.7-fold growth. The acquired roads span West Bengal, Karnataka, Maharashtra, Chhattisgarh, and Odisha, including the strategically important Dhankuni-Kharagpur toll road in West Bengal. These projects lie along key economic corridors such as the Golden Quadrilateral and the East-West Corridor, enhancing connectivity and supporting trade.
Maple Infrastructure Trust has completed the acquisition of five toll road assets from Ashoka Concessions Limited (ACL) and its associated entities, including other ACL group companies. As a SEBI-registered infrastructure investment trust (InvIT), Maple stated that these projects cover over 2,100 lane kilometres of operational National Highway Authority of India (NHAI) toll roads. The assets are strategically positioned along India's major economic corridors, including the Golden Quadrilateral and the East-West Corridor, spanning West Bengal, Karnataka, Maharashtra, Chhattisgarh, and Odisha.
With this acquisition, Maple Infrastructure Trust's portfolio will grow significantly. The trust previously held two assets totaling 1,212 lane kilometres, and now its portfolio will encompass seven assets with a combined length of 3,328 lane kilometres. This represents a more than 1.7-fold increase in the trust's operational toll road network.
Among the newly acquired projects is the six-lane, 111 km Dhankuni-Kharagpur toll road in West Bengal. This road forms part of the Golden Quadrilateral, linking one of Kolkata's major commercial hubs with Kharagpur and Haldia, and provides crucial access to key ports. These strategic routes are expected to enhance connectivity and support economic growth across the regions they serve.
Source PTI
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