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Construction & Infrastructure News

Fairfax buys 33 per cent in Bengaluru Airport

April 2016

Prem Watsa-backed Fairfax has bought a 33 per cent stake in Bangalore International Airport for Rs.2,149 crore from GVK Power and Infrastructure, whi...

Prem Watsa, Fairfax, Bangalore International Airport, GVK Power, Infrastructure, Thomas Cook, PPP international airport, BIAL, Fairfax India Holdings Corporation, Fairfax Financial Holdings

GVK group to raise funds for airport business

August 2015

GVK Power & Infrastructure is planning to raise funds for its airport business as the diversified group seeks to reduce its debt burden. ...

GVK Power & Infrastructure, Airport, GVK Group

Brookfield may invest $1bn in GVK

August 2015

Brookfield Asset Management, one of the world´s largest investors in infrastructure and real estate...

Brookfield Asset Management, Infrastructure, Real Estate, GVK Power & Infrastructure

Tariff dodging dents toll income on highways

November 2013

Media reports say that private companies' investments into highways in India have taken a beating with the toll dodging practice by some sections of ...

private companies, investments, highways, India, toll dodging practice, GVK Power and Infrastructure

Alstom secures Rs 850 cr GVK contract

October 2013

Alstom has bagged a contract worth about Rs 850 crore ($136 million) from GVK Power and Infrastructure to provide equipment for the 850 mw Ratle hydr...

Alstom, contract, GVK Power and Infrastructure, equipment, Ratle hydropower project, Jammu and Kashmir

GVK may seek recast of premium payment for 330 km project

April 2013

GVK Power & Infrastructure may request National Highways Authority of India (NHAI) to reschedule its premium payment for a highway project in Madhya ...

GVK Power & Infrastructure, National Highways Authority of India, NHAI, reschedule, premium, payment, highway, project, Madhya Pradesh

NHAI and concessionaires must iron out issues keeping the spirit of PPP in mind

February 2013

Recently, GMR Infrastructure and GVK Power & Infrastructure exited from two mega road projects (that they agreed to set up under public private partn...

GMR Infrastructure, GVK Power & Infrastructure, PPP, Shivpuri-Dewas project, Madhya Pradesh, Kishangarh-Udaipur-Ahmedabad project, NHAI

GVK cancels Shivpuri-Dewas road contract in MP

January 2013

GVK Power & Infrastructure has terminated a road contract with NHAI in Madhya Pradesh. The tollway was to come up in Shivpuri Dewas section. But the ...

GVK Power & Infrastructure, terminated, road contract, NHAI, Madhya Pradesh, Shivpuri Dewas
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