India: MEP Infra to launch InvIT to pare debt

India: MEP Infra to launch InvIT to pare debt

Visual from MEP website/ MINT

Road toll management firm MEP Infrastructure Developers Ltd will form an infrastructure investment trust (InvIT) to unlock value from its road assets and reduce debt. The company will also bid for the majority of 101 toll plazas which the Union road ministry plans to put up for long-term contracts.

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