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Construction & Infrastructure News

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

MIAL invites bids for hotels and real-estate

June 2014

Mumbai International Airport Ltd (MIAL) has invited bids to lease 8-10 acre near the new terminal for hotels and real estate. Having recorded cost an...

India, 2014, Mumbai International Airport Ltd, bids, terminal, hotels, real estate, India Ratings Report, internal accruals, airport, development, MIAL, floor space index, FSI, GVK

RFQ submission date extended for the Navi Mumbai Airport

June 2014

After years of delay, the Navi Mumbai International Airport witnesses another move that could further extend the deadline for the project. The date f...

India, 2014, Navi Mumbai International Airport, Request for Qualification, RFQ, Maharashtra, PMIC, CIDCO, Sanjay Bhatia, bidding, land acquisition, environment clearance, PPP, GMR, GVK

Road regulator in the offing

January 2014

The private sector seems to be losing interest in the road sector as of now. GMR and GVK exit from NHAI mega road projects is testimony to this. The ...

Road Regulator, Contract Disputes, GMR, GVK, Road, Sector

Govt hopeful to award big highway projects soon

December 2013

The Union Road Transport and Highways Minister Oscar Fernandes has said that he expects road projects worth over Rs 1 lakh crore, which have been stu...

Oscar Fernandes, road projects, rescheduling of premium, GMR, GVK, Ashoka Buildcon

Panel suggestions to bring relief to h'way developers

November 2013

As the Prime Minister-appointed C Rangarajan committee is expected to suggest reduction and deferment of premium to be paid by road developers to Nat...

C Rangarajan committee, deferment of premium, road developers, National Highways Authority of India, GMR, GVK
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