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GMR Male ties up funds for $511-m project Nov 26, 2010GMR Male ties up funds for $511-m project
GMR Malé International Airport Private Ltd (GMIAL), a subsidiary of GMR Infrastructure Ltd (GIL), has achieved financial closure for the $511 million project to modernise, expand and operate the Malé International Airport.

Earlier this year, o... >> more
Egis Road Operation and DSC form a JV Nov 22, 2010Egis Road Operation and DSC form a JV
Egis Road Operation of France, a worldwide leader in tolling operations, traffic management and asset management, and DSC Limited entered into a joint venture, setting-up an O&M (Operations & Maintenance) company called Egis Infra Management ... >> more
MoU to be signed for Lakshadweep berth at Beypore port Nov 22, 2010MoU to be signed for Lakshadweep berth at Beypore port
A Memorandum of Understanding for the construction of a dedicated berth for Lakshadweep at Beypore port, will be signed on November 22.The MoU will be signed between the Kerala Ports Department and the Lakshadweep Development Council (LDC).

Th... >> more
Essar Shipping to pump Rs5,500 cr by FY13 Nov 22, 2010Essar Shipping to pump Rs5,500 cr by FY13
Essar Shipping, Ports & Logistics Ltd (ESPLL) will be investing around Rs5,500 crore in capacity building in ports and shipping activity. Around Rs3,100 crore would be invested in adding port capacity and $570 million (Rs2,400 crore approx) for a... >> more
Mega convention centre coming up near Pune Nov 19, 2010Mega convention centre coming up near Pune
The Pune International Exhibition and Convention Centre (PIECC), said to be the largest to date in India, has received State government approval. It will be built on 240 acres of land at Moshi, about 40 km from the city. The Rs 600-core project that ... >> more
NHAI to roll out new model agreement for annuity projects Nov 18, 2010NHAI to roll out new model agreement for annuity projects
The government plans to introduce a new model concession agreement (MCA) for annuity-based highway projects. The new agreement will be aligned to the one for toll projects and will have the approval of the Planning Commission that has framed the conc... >> more
India to provide Rs 700 cr to Nepal for road projects Nov 16, 2010India to provide Rs 700 cr to Nepal for road projects
India will provide nearly Rs 700 crores to Nepal for road projects in the Terai region, close to its border, to help improve transport infrastructure. This was decided here at the first meeting of the Project Steering Committee for the strengthening ... >> more
Second metro line to extend up to Dahisar, says MMRDA Nov 15, 2010Second metro line to extend up to Dahisar, says MMRDA
The Mumbai Metropolitan Region Development Authority (MMRDA) is thinking of taking the 32-km long second line of metro (Charkop-Mankhurd via Bandra) up to Dahisar. The authority had formally asked the Reliance Infrastructure-led consortium if it will... >> more
Galfar, L&T bag 294.1 mn rial Oman airport contract Nov 15, 2010Galfar, L&T bag 294.1 mn rial Oman airport contract
A consortium of Galfar Engineering & Contracting SAOG and Indian engineering major Larsen & Toubro (L&T) has bagged a 294.1 million rials contract for development of the Salalah international airport in Oman. In a regulatory filing to the... >> more
Rlys nod for ROB at Yekkur Nov 15, 2010Rlys nod for ROB at Yekkur
The National Highways Authority of India (NHAI) has received approval from the railways for construction of a three-lane road over bridge (ROB) at Yekkur near the College of Fisheries. This work is part of the 90 km Talapady-Surathkal-Kundapur four-l... >> more
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