Singapore firm wins bid to buy India’s longest road tunnel - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Singapore firm wins bid to buy India’s longest road tunnel

Singapore-based infrastructure investment platform Cube Highways has won the bid to acquire Chenani-Nashri project in Jammu & Kashmir, India's longest road tunnel. The tunnel project has a debt of around Rs 5,454 crore and a sale of the asset will help bring down the overall debt position of the company.

from Industry-Economic Times
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