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Construction & Infrastructure News

NHAI likely to set base price for TOT auction at Rs.68 bn

August 2018

NHAI, who will begin to invite bids for the second package of toll-operate-transfer (TOT) rights auction, is likely to set the base price at Rs 68 bn...

NHAI, TOT, Canada Pension Plant Investment Board, Cube Highways

Tamil Nadu gets nine greenfield projects

August 2018

After the proposition for the Salem-Chennai Highway, which is to comprise eight-lanes, the Tamil Nadu Government has decided to plan eight such green...

Tamil Nadu Government, Greenfield projects, Salem-Chennai Highway, State Highway Department

Five firms bag Purvanchal Expressway projects

August 2018

The 354-km Purvanchal Expressway project, the country's longest, is on stream with the Uttar Pradesh Government awarding the eight packages of the pr...

PNC Infratech, Gayatri Projects, GR Infra, Oriental Structural Engineering, Apco Infra, Uttar Pradesh Government

Private banks fund highway projects

August 2018

Private banks like HDFC, Kotak Mahindra, IndusInd, Yes Bank and RBL are interested to fund more national highway projects under the PPP mode...

HDFC, Kotak Mahindra, IndusInd, Yes Bank, RBL, National highway projects, PPP

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

Rs.35.44 bn for Smart Port City

August 2018

The Smart Industrial Port City developed within the premises of the Paradip Port Trust (PPT) will house a string of projects. PPT has initiated work ...

Smart Industrial Port City, PPT, Container Corporation of India, Thriveni Earthmovers

Projects worth over Rs.10 bn launched in Vizag

August 2018

At Visakhapatnam, the project launch included an upgradation of existing iron ore handling facility at Vizag Port at Rs 5.80 bn involving modernising...

Vizag Port, Handle larger vessels, VPT, Port Connectivity Road

Indian Port Rail Corp keen on O&M

August 2018

Indian Port Rail Corporation (IPRCL) has signalled its readiness to take over the operation and maintenance of rail infrastructure including locomoti...

Indian Port Rail Corporation, Port trusts
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