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Construction & Infrastructure News

Mumbai Nagpur Expressway faces objection from construction companies to bid terms. Here’s why!

June 2017

The Maharashtra Government’s ambitious Rs 27,650 crore Mumbai-Nagpur Expressway project is facing objection from highway developers regarding the lat...

Mumbai-Nagpur Expressway project, MSRDC, CDR, SDR, NHBF, RFQ

'Lenders' concern - risky execution in highway concessions

March 2017

Minimising of project execution risks and introduction of strong deterrents for non-performers are the only long-term solutions to ensure seamless fu...

Srishti Ahuja Taneja, Infrastructure projects, HAM projects, NHAI, EPC, ToT, SDR, BOT projects, MoRTH

IVRCL lenders to convert loans

March 2016

Lenders of debt-ridden infrastructure firm IVRCL have decided to convert part of their loans to the highway developer into a 51 per cent or more equi...

IVRCL, SDR, BSE filing, Infrastructure

Insolvency and bankruptcy code: Resolving the NPA crisis

March 2016

The one thing, which is commonly heard in the corridors of the financial world, is the looming concern as regards the huge NPA that banks are current...

NPA, Dr. T K Viswanathan, Lok Sabha, R&R, SICA, BIFR, SICA, SDR, DRT, SARFAESI, Bankruptcy Code, RBI, Infact, NCLT, NCLAT

Gammon lenders to acquire 51% stake

December 2015

Lenders led by ICICI Bank have decided to initiate a strategic debt restructuring (SDR) exercise at Gammon India, which will give them a 51 per cent ...

ICICI Bank, Gammon India, SDR, Construction, Engineering

Binani Cement debt may be turned into equity

December 2015

Lenders to Binani Cement are planning to convert a total debt of Rs 3,000 crore in the company to equity....

Binani Cement, SDR, RBI, Central Bank Of India, Equity
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