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Reliance Infra to Monetise Pune-Satara Toll Road
The Business Guardian
|August 24, 2025
Reliance Infrastructure Ltd is set to monetise its Pune-Satara Toll Road (PSTR) project, according to sources.
Cube Highways and Infrastructure III Pte Ltd, a Singapore-based company, will acquire a 100 per cent stake in PS Toll Road Pvt Ltd, the special purpose vehicle (SPV) that operates the project.
The transaction represents a significant milestone in Reliance Infrastructure's ongoing strategy to monetise non-core assets, enhance financial flexibility, and focus on long-term value creation.
The enterprise value for the PS Toll Road transaction is estimated at Rs 2,000 crore, sources with direct knowledge of the matter said.
As part of the transaction, Reliance Infra is expected to realise equity proceeds of Rs 600 crore.
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