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Construction & Infrastructure News

Delhi Metro corridor extended from Dilshad Garden to New Bus Adda Ghaziabad

January 2019

The government has approved the extension of Delhi Metro corridor from Dilshad Garden to New Bus Adda Ghaziabad. The total distance of the extended l...

Delhi Metro corridor, DMRC, GNCTD, SPV, Government of India, New Bus Adda Ghaziabad

Maharashtra government to uplift the face of Dharavi

January 2019

To fast-track the long-pending development of Dharavi, the Maharashtra Cabinet has approved the establishment of a special purpose vehicle (SPV) and ...

Maharashtra Cabinet, SPV, DRPA, SVR Srinivas, MHADA, JV, Railways

Opportunities galore, but targets ambitious

October 2018

With an estimated average spend of upwards of Rs 1 trillion per annum (excluding land cost), the order book additions will remain healthy for both, l...

Bharatmala Pariyojana, NHDP, MoRTH, RFCTLARR, PPP, RoW, BOT projects, EPC projects, Concession Agreement, NHAI, ICRA, SPV, Rajeshwar Burla

Investment close to Rs.250 billion is expected for ultra-solar park

October 2018

With Vibrant Gujarat scheduled next year, the government is going all guns blazing to make this summit one of the mega events of the country....

Dr Jagdip Narayan Singh, NHAI, Delhi-Mumbai Freight Corridor, DSIR, DICDL, SPV, DSIR, Government of Gujarat, Government of India, GDP, MRTS, MoU, Ceramics, Ultra-solar park

MEP signs concession deals worth Rs.41 bn with NHAI

August 2018

Road developer and operator MEP Infrastructure's four SPVs have signed concession agreements worth Rs 41 bn with the NHAI. The concession period is f...

MEP Infrastructure, SPV, NHAI, Hybrid Annuity Mode

We have bagged five HAM projects with total bid project cost of Rs.56 billion

July 2018

Hyderabad-based KNRCL has a strong reputation for capability of execution and timely completion. K Jalandhar Reddy, Executive Director, KNR Construct...

K Jalandhar Reddy, KNR Constructions, NHAI, KNRCL, EPC, SPV, EBITDA

Part of the equity requirement will be funded through IPO

July 2018

In 2017-18, Vadodara-based Patel Infrastructure made bids for selective HAM projects in which competition was lower. (We were lucky to bag four HAM p...

Vadodara-based Patel Infrastructure, NHAI, HAM projects, Machinery, MoRTH, SEBI, SPV, Construction Equipment

We are open to participating in a consortium on a selective basis

July 2018

Technology and innovation are at the core when we plan, design and execute projects, ensuring quality in construction, says Sandeep Garg, Managing Di...

Sandeep Garg, Technology, Welspun Enterprises, EBITDA, SPV
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