Archive · 17 Jan 2026
Kalpataru Sells Vindhyachal Expressway to Actis
Kalpataru Projects International, a big company that builds roads and power lines, sold its entire share in a road project called Vindhyachal Expressway to a company named Actis.
The road is 89.30 kilometers long and connects two cities in India.
Kalpataru got ₹775 crore for this sale.
The road project was started in 2012, and people started paying tolls in 2015.
Kalpataru said this sale is part of their plan to focus on their main business and grow faster.
They had help from other companies to make this deal happen.
Kalpataru Projects International sold 100% stake in Vindhyachal Expressway to Actis for ₹775 crore.
Vindhyachal Expressway is an 89.30 KM road project connecting Rewa and Hanumana (MP/UP border).
The project is under a DBFOT – Toll concession agreement with MPRDC since January 2012.
Toll collections on the expressway began in February 2015.
KPIL aims to optimize value by divesting non-core assets to focus on core EPC business.
- Who
- Kalpataru Projects International Ltd (KPIL) and Actis
- What
- Sale of 100% equity stake in Vindhyachal Expressway Private Ltd (VEPL)
- When
- Definitive agreement executed on October 9, 2024
- Where
- Vindhyachal Expressway connecting Rewa and Hanumana (MP/UP border)
- Why
- KPIL's strategy to optimize value through disposal of non-core assets
- Company
- Kalpataru Projects International Ltd (KPIL)
- Buyer
- Actis
- Asset Sold
- Vindhyachal Expressway Private Ltd (VEPL)
- Sale Amount
- ₹775 crore
- Project Length
- 89.30 KM
- Project Location
- Rewa to Hanumana (MP/UP border)
- Concession Type
- DBFOT – Toll
- Concession Start Date
- January 2012
- Toll Collection Start
- February 2015
- Transaction Advisor
- Equirus Capital Private Limited
- Legal Advisor (KPIL)
- Khaitan & Co
- Legal Advisor (Actis)
- Anangram Partners