CCEA approves Rs.15,000-Cr FDI proposal in Anchorage Infra

The Cabinet Committee on Economic Affairs (CCEA) has approved the FDI proposal for investment of up to INR 15,000 crore in Anchorage Infrastructure Investment Holding Ltd. The investment includes transfer of shares of Bangalore International Airport to Anchorage, and investment of INR 950 crore in Anchorage Infrastructure Investment Holding by OAC, one of Canada's largest defined benefit pension plans.