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Construction & Infrastructure News

Bangladesh signs $4.5 billion loan deal with India for infra development

November 2017

Bangladesh has recently signed its third line of credit agreement with India worth $4.5 billion for development of its social and infrastructure sect...

Social, Infrastructure sectors, Kazi Shofiqul Azam, David Rasquinha, Export Import Bank of India, AMA Muhith, Arun Jaitley

IRB Infra’s SPV achieves financial closure for six-laning of Chittorgarh-Gulabpura Bypass on NH-79

November 2017

CG Tollway, a Special Purpose Vehicle (SPV) of IRB Infrastructure Developers has successfully achieved financial closure for its BOT project of six-l...

CG Tollway, SPV, IRB Infrastructure Developers, Virendra D. Mhaiskar, NHAI, Bank of India, Bank of Maharashtra, Canara Bank, Indian Overseas Bank, Andhra Bank, Aditya Birla Finance

IRB Infra’s SPV achieves financial closure for Rs 2,000-crore Rajasthan project

October 2017

CG Tollway, an SPV of IRB Infrastructure Developers, has reportedly achieved financial closure for its Rajasthan highway project of Rs 2,090 crore. ...

CG Tollway, SPV, IRB Infrastructure Developers, Canara Bank, Indian Overseas Bank, Bank of India, Aditya Birla Finance

OPERATION IN(FRA)SOLVENCY

September 2017

With over Rs11 lakh crore debt, project investments worth Rs.32.7 lakh crore and cost overrun of Rs14.35 lakh crore is at stake, the current Insolven...

Investments, Insolvency, Bankruptcy Code 2016, NPA, ICRA, Ajit Gulabchand, NITI Aayog, Ashwini Mehra, State Bank of India, Infrastructure, IDFC, CMIE, MOSPI, NHAI, Hari Sankaran

SBI launches one-stop portal for home buyers

July 2017

State Bank of India recently launched SBI Realty, a dedicated portal designed to assist home buyers in selecting apartments from a list of its 3,000 ...

State Bank of India, SBI Realty, SBICAP Securities, PropEquity

MEP Infra receives date for Talaja-Mahuva Hybrid Annuity project

May 2017

MEP Infrastructure Developers Limited has been given April 25, 2017, as the Appointed Date for its Hybrid Annuity project in Gujarat (the Talaja-Mahu...

IDBI Bank, IIFCL, Bank of India

MEPIDL achieves financial closure for its fifth HAM project

March 2017

MEP Infrastructure Developers has announced the successful financial closure of its Hybrid Annuity project in Gujarat (Talaja-Mahuva section) in acco...

MEP Infrastructure Developers, Concession Agreement, NHAI, IDBI Bank, IIFCL, Bank of India, Hybrid Annuity Mode, Commercial Operation Date

Lone Star to invest in stressed projects

March 2017

Private equity firm Lone Star has joined hands with IL&FS to invest in struggling Indian infrastructure projects. The tie-up will have an investment ...

IL And FS, Investment, Lone Star, Reconstruction, Reserve Bank of India
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