Canada's Public Sector Pension Investment Board is exploring a sale of Indian road assets that could be valued at about $1.5 billion, or roughly ₹12,500 crore, Construction Mirror reported. [1] The assets sit in Roadis, PSP's global roads platform created in 2016. The fund is working with an adviser. Considerations are early. There is no certainty a transaction will close.

The trade note's real move is the comparable. Earlier this year Macquarie Asset Management agreed to sell nine Indian toll-road concessions across Andhra Pradesh and Gujarat to VINCI Highways for about ₹15,000 crore. [1] Construction Mirror files PSP as proof that the secondary market for mature Indian highways is open.

The paper's Saturday feature already treated PSP's $1.5 billion shop as an adviser, not a sale. A Vinci close is last season's ticket. Saturday's completed stage is an exploration priced beside someone else's deal.

Roadis holds operating concessions built as long-term infrastructure, not a single named stretch in Saturday's file. [1] Stable traffic, tolling, and asset-monetisation models have made mature Indian highways a secondary market. PSP declined, in other Saturday clocks, to comment. Construction Mirror's job is the Vinci ruler. An adviser is still not a buyer.

A Vinci ruler does not close a PSP shop. [1]

-- PRIYA SHARMA, Delhi