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Construction & Infrastructure News

Sadbhav Engineering acquires Patel Infrastructures stake in Ahmedabad Ring Road project

September 2014

Sadbhav Infrastructure Project Ltd, the subsidiary of Sadbhav Engineering has signed binding MoU to acquire stake in JV from Patel Infrastructure....

Deals, Sadbhav Infrastructure, Aquires, Patel Infrastructures, Debt, Equity, Sadbhav Engineering, SPV

Sadbhav Engineering acquire JV partner's stake in two SPVs

September 2014

Sadbhav Engineering Ltd has signed definitive agreement to acquire stake in the two special purpose vehicles (SPVs) from joint venture (JV) partner G...

Deals, Aquire, SPVs, Joint Venture, Infrastructure, Construction, Road, Highways, Mining, Irrigation, HYTPL, MBHPL, GKC, Sadbhav Engineering Ltd, Bridges

MBCPNL receives provisional completion certificate for Deori Check Post

September 2014

MBCPNL has received a provisional completion certificate for Deori Check Post and Muktainagar Check Post w.e.f 20th August, 2014. So far, the company...

Sadbhav Engineering, SPV, Subsidiary, Check Post, Border, Modernisation, Computerisation

Road Ministry to revive exit policy for road developers

June 2014

To retain interest of the road construction companies, the Government of India has revived an exit proposal for the developers wherein it is made muc...

Road, Sector, Exit, Policy, SPV, Concessionaire

Ministry wants states to form SPV

August 2013

Union urban development ministry asked state governments to form a special purpose vehicle (SPV) for a city or cluster of cities to run buses which a...

special purpose vehicle, SPV, city, cluster, cities, buses, JNNURM, urban, infrastructure civic projects

Cabinet approves Rs 231 bn Mumbai metro line project

July 2013

The Rs 23,136 crore Mumbai Metro line-3, which would link Colaba, Bandra, Santacruz Electronics Export Processing Zone, received approval from the un...

Mumbai Metro line, project, infrastructure, transport, approval, cabinet, special purpose vehicle, SPV, joint venture

Punjab, Haryana govts support metro rail project

June 2013

The government of Punjab and Haryana gave wholehearted support to the proposed metro rail project connecting Chandigarh with the two states. This inf...

Chandigarh, Delhi Metro Rail Corporation, DMRC, special purpose vehicle, SPV, metro rail, project, urban infrastructure, civic amenities, transport

UT govt takes steps for Rs 109 bn metro rail project

June 2013

The UT administration of Chandigarh is taking steps to implement the 37.57-km metro rail corridor project covering Chandigarh, Panchkula and SAS Naga...

Chandigarh, Delhi Metro Rail Corporation, DMRC, special purpose vehicle, SPV, metro rail, project, urban infrastructure, civic amenities, transport
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