Jaypee Infratech’s Yamuna Expressway draws investor interest

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A deserted view of Yamuna Expressway during a lockdown to control the coronavirus pandemic. | Credit: Reuters

A marquee infrastructure investment firm has approached the lenders of debt-laden township developer Jaypee Infratech Ltd to acquire the Yamuna Expressway, two people aware of the development told VCCircle. The 165-km-long expressway that connects Noida and Agra in Uttar Pradesh isn’t among the assets that state-run NBCC (India) Ltd is taking ......

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