Macquarie Group wins India’s highway project with $1.48b bid

Macquarie Group wins India’s highway project with $1.48b bid

Traffic moves along a highway during morning rush hour in Delhi, India. Photographer: Kuni Takahashi/Bloomberg

Macquarie Group, the Sydney-based infrastructure asset management company, on Wednesday won the rights to manage 648km of national highways by bidding Rs9,681.5 crore in an auction, said National Highway Authority of India (NHAI) chairman Deepak Kumar.

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