Earlier in April, 2013, IVRCL signed an agreement to sell three build, operate, transfer (BOT) road projects in Tamil Nadu to TRIL Roads Pvt. Ltd, a Tata group company, for around Rs.2,200 crore. The projects were: Salem Tollways Ltd, Kumarapalayam Tollways Ltd and IVRCL Chengapalli Tollways Ltd. The sale helped the company free Rs.450-500 crore in cash, and wipe off debt worth Rs.1,100 crore from the balance sheet.
On 5th November, 2013, Mr.SP Tulsian of sptulsian.com told CNBC-TV18 that, "One should really look to the assets like IVRCL Ltd and NCC Ltd where it has the BOT projects. It does not have much debt. It has a order book of Rs.25,000-30,000 crore, but is really serious in monetizing their road projects. Once one has that deal happening that will give them about Rs.1,000 crore plus which will be seen really very positive".