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Construction & Infrastructure News

NHAI allows IDFC to pick up 74% stake in Delhi-Gurgaon e-way

February 2013

The National Highway Authority of India (NHAI) allowed IDFC to pick up 74 per cent stake in the Delhi-Gurgaon expressway project from its original pr...

National Highway Authority of India, NHAI, project, approval, Delhi-Gurgaon expressway, IDFC, Delhi-Gurgaon Super Connectivity, DGSCL, special purpose vehicle, SPV

Kochi metro plans SPV for transport project

January 2013

In order to facilitate coordinated planning and implementation of the city’s transportation network, Kochi Metro Rail (KMRL) plans to set up a specia...

Kochi Metro Rail, KMRL, metro rail, corporation, committee, development, transport, civic amenities, waterways, special purpose vehicle, SPV

Bankers to lend Rs 8.3 bn for Rs 11 bn road project

November 2012

A consortium of bankers agreed to provide Rs 830 crore syndicated loan to Hospet-Chitradurga Tollways (HCTL) for the Rs 1,102.81-crore road project i...

consortium, bankers, Hospet-Chitradurga Tollways, HCTL, road, project, loan, finance, special purpose vehicle, SPV, Ramky Group

CEC finds irregularities in Goa mining

November 2012

The central empowered committee (CEC), which examined mining activities in Goa recently, reported various irregularities involved in...

Central Empowered Committee, CEC, court, environment, mining, mineral, lease, project, special purpose vehicle, SPV, Goa, Supreme Court

Finance Ministry approves Nilekani proposals

May 2011

Finance Minister Pranab Mukherjee has approved the proposals made by The Technology Advisory Group for Unique Projects (Tagup)....

Construction, Update, Portal, May, 2011, Pranab Mukherjee, Tagup, Nandan Nilekani, National Information Utilities, GST, Tax Information Network, IT, special purpose vehicles
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