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It is claim that JP Morgan, an investment firm, has been hired by the NIIF to supervise the sale of this road portfolio, , roads, economy, jp morgan
The key among these are two highways in Jammu and Kashmir acquired separately by the fund in 2022. The 16.3-kilometre Qazigund Banihal Expressway was acquired from Navayuga Engineering in July 2022 for $380 million (Rs 3,163 crore). Meanwhile, the 64.5-kilometre Jammu Udhampur Highway was acquired by Athaang in August 2022 from Shapoorji Pallonji Group for $290 million (Rs 2,414 crore).
NIIF launches $600 million India-Japan Fund.NIIF
Get latest articles and stories on Latest News at LatestLY. The National Investment and Infrastructure Fund has entered into a collaboration with Japan Bank for International Cooperation (JBIC) to launch a USD 600 million India-Japan Fund. Latest News | NIIF Launches USD 600 Mn India-Japan Fund.
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