Ircon to sell four highway assets for monetisation
News summary
Navratna company Ircon International is placing four highway assets for sale under the government's infrastructure monetisation programme. These toll-road and hybrid annuity model projects are located in Madhya Pradesh, Rajasthan, Karnataka, and Gujarat. Axis Capital has valued these assets at approximately ₹3,000 crore. The company currently generates primary revenue from its railway segment.
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