Neo Infra Fund has announced its decision to acquire two National Highways Authority of India (NHAI) Hybrid Annuity Model (HAM) road projects from CDS Infra for a total value of ₹1,500 crore. The acquisition marks a significant move in the infrastructure investment sector, further strengthening Neo Infra Fund’s portfolio in the rapidly growing Indian highway and toll road market.
The two projects involved in this deal are key road segments under the NHAI’s Hybrid Annuity Model, which aims to enhance the country’s road infrastructure while ensuring a balance between public-private partnerships. Under the HAM, the government provides a portion of the project funding, and the private partner is responsible for construction and maintenance, with annuity payments tied to performance metrics.
This acquisition aligns with Neo Infra Fund’s strategy to invest in high-value, long-term infrastructure assets that offer steady cash flows and long-term growth potential. The move will also help CDS Infra focus on its other ongoing projects, while Neo Infra Fund looks to capitalize on the growing demand for road infrastructure in India.
With India’s highway development continuing at a rapid pace, the deal is expected to contribute to the country’s infrastructure growth and enhance Neo Infra Fund’s presence in the strategic transport sector.
