IVRCL likely to have put 2 key road projects on the block

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IVRCL likely to have put 2 key road projects on the block

IVRCL has put two key road projects on the block, reports CNBC-TV18 quoting sources. It is learnt that both the projects are worth Rs 1000 crore each and Reliance Infrastructure is likely to be the fortrunner for the road projects.

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IVRCL has put two key road projects on the block, reports CNBC-TV18 quoting sources. It is learnt that both the projects are worth Rs 1000 crore each and Reliance Infrastructure is likely to be the fortrunner for the road projects.

The two road projects include Chengapalli-Coimbatore-Walayar and Salem-Coimbatore Road project.

According to sources, SBI Cap is likely to have been mandated for sale.

However, Reliance Infrastructure has refused to comment on the development. Meanwhile, IVRCL Infra is yet to respond to the query.