Maple Infrastructure Trust has completed the acquisition of five operational toll road assets from Ashoka Concessions (ACL) and its associated entities, marking a major expansion of its national highway portfolio. The SEBI-registered infrastructure investment trust (InvIT) said the newly acquired assets comprise more than 2,100 lane kilometres of NHAI toll roads situated along some of India’s most important economic corridors, including the Golden Quadrilateral and the East–West Corridor.
The assets are spread across West Bengal, Karnataka, Maharashtra, Chhattisgarh and Odisha, strengthening Maple’s presence in regions critical to freight movement and interstate connectivity. With this acquisition, Maple’s portfolio will grow from two existing projects totaling 1,212 lane kilometres to seven assets spanning 3,328 lane kilometres — an increase of more than 1.7 times.
Among the key assets acquired is the six-lane, 111-km Dhankuni–Kharagpur toll road in West Bengal, a vital section of the Golden Quadrilateral. The stretch connects one of Kolkata’s major commercial hubs with Kharagpur and Haldia, providing essential access to significant port infrastructure. The road plays an important role in supporting industrial traffic and facilitating smoother cargo movement along the eastern corridor.
Maple Infrastructure Trust said the expanded portfolio enhances its long-term revenue visibility and strengthens its position as a leading InvIT in the highway sector. By integrating these additional assets, the trust expects to benefit from stable toll collections and improved operational scale, further diversifying its exposure across high-traffic routes.
The move underscores continued investor interest in India’s road infrastructure sector, particularly in operational toll assets that offer predictable cash flows. Maple added that the acquisition aligns with its strategy of building a robust, diversified and high-quality portfolio of national highway concessions.
News source: Rediff
