Highway assets worth Rs 4,185 crore acquired by Cube Highways Trust in J&K
Infrastructure developer Cube Highways Trust has informed of acquiring two highway assets in Jammu and Kashmir from the National Infrastructure Investment Fund (NIIF). This acquisition is being done for an enterprise value of Rs 4,185 crore.
The two highways span 80 km, and one highway features a long bi-directional tunnel. On the other hand, the other highway connects Jammu with Srinagar.
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