India: Reliance Infrastructure looking to sell road assets to overseas consortium for over $1.5b

India: Reliance Infrastructure looking to sell road assets to overseas consortium for over $1.5b

Reliance Infrastructure CEO Lalit Jalan. Ambani’s Reliance Group has been trying to sell assets across its firms to pare debt and expand its new defence business. Photo: Hemant Mishra/Mint

Reliance Infrastructure Ltd is looking to sell its 11 toll road assets to an overseas buyer for more than $1.5 billion by September, chief executive officer Lalit Jalan has said.

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