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India’s longest road tunnel sold to a Singapore firm

    Ansh Chaturvedi
    By Ansh Chaturvedi

     

    Indian government has just sold India's longest road tunnel to ingapore-based infrastructure investment platform Cube Highways has wins the bid to acquire Chenani-Nashri project in Jammu & Kashmir, India's longest road tunnel.  The tunnel project has been in financial trouble. It has a debt of around Rs 5,454 crore and trying to better the situation by selling the assets.

    https://economictimes.indiatimes.com/industry/transportation/roadways/singapore-firm-wins-bid-to-buy-indias-longest-road-tunnel/articleshow/74166946.cms

     

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