JP Infra to raise up to Rs 3000cr for Yamuna Expressway

Co plans to raise capital for the Yamuna Expressway project. It is a 6-lane, extendable up to 8-lane project. It is 165 km long and connects Greater Noida with Agra. The total project cost was Rs 12,839 crore.
Jaypee Infratech   is in talks with private equity (PE) players to raise up to Rs 3,000 crore for the Yamuna Expressway project. PE players in the race are Macquarie PE, IDFC PE and IDBI. According to sources, the company will also be initiating talks with other PE players. The PE players will be given part equity in the project.

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