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Construction & Infrastructure News

Govt to attract foreign firms to build roads

November 2013

The Union government is to hold road shows in countries like China and Australia in the next few months to attract foreign companies to take up road ...

Union government, road shows, China, Australia, GMR, GVK, L&T

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

Rescheduling for road projects cleared

October 2013

The Union Cabinet Committee on Economic Affairs (CCEA) has cleared premium rescheduling of road projects (means, postponement of premium payments by ...

Union Cabinet Committee on Economic Affairs, premium, rescheduling, road projects, GMR, GVK

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

Relief expected to road infra majors in paying premiums

April 2013

The Union government may allow road construction companies, which have taken up highway projects, to restructure the payment of premium amount to be ...

Union government, road construction companies, L&T, IRB, GVK, GMR, high premium

Hyderabad, Delhi, Mumbai airports rated high by ACI

March 2013

India's Delhi and Hyderabad airports managed by GMR Group and Mumbai airport by GVK Group have been rated high in respective categories in Airport Qu...

Delhi, Hyderabad, airports, GMR Group, Mumbai, GVK Group, Airport Quality Service, Airports Council International

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
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