ICRA projects that the monetisation of 33 road assets through the toll-operate-transfer (TOT) and Infrastructure Investment Trust (InvIT) modes could yield between Rs 53,000 crore and Rs 60,000 crore.
Mumbai (Maharashtra) [India], Aug 31 (ANI): IL&FS has got binding bids for 10 road assets in its domestic roads transportation vertical as the cash-strapped conglomerate struggles with an overall resolution process being undertaken by the new board.