Cube Highways in talks for India’s longest road tunnel

Cube Highways in talks for India’s longest road tunnel

Infrastructure company Cube Highways has begun talks with IL&FS Transportation Networks Ltd (ITNL) to acquire the latter’s 9.2-km Chenani-Nashri road tunnel project in Jammu & Kashmir, two people aware of the development said.

IL&FS in talks with Cube Highways to sell tunnel in Jammu and Kashmir

IL&FS in talks with Cube Highways to sell tunnel in Jammu and Kashmir

IL&FS Transportation Networks (ITNL), the road development arm of infrastructure development and finance major IL&FS, is in talks with I Squared Capital-backed Cube Highways to sell a majority stake in the recently completed Chenani-Nashri tunnel way (CNT) in Jammu & Kashmir (J&K), sources close to the development told FE.

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