India Infrastructure News
R-Infra gets Rs 1,000-cr contract from Gujarat govt Dec 11, 2009
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Anil Dhirubhai Ambani Group (ADAG)’s flagship company Reliance Infrastructure Ltd (R-Infra) has won a Rs 1,000-crore road project from the Gujarat government, within a week after winning the Rs 1,725-crore Pune-Satara Road project from the National H...
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Andhra Pradesh plans 13 minor ports by 2020 Dec 9, 2009
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The Andhra Pradesh Government has drawn up an ambitious plan to develop 13 minor ports over the next decade, and “the target is 200 million tonnes to be handled by these ports by 2019-20.”Mr K.V. Reddy, the Director of Ports, AP, said in an interview...
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Godrej Properties mulls residential project near Chennai Dec 9, 2009
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Godrej Properties (GPL) in collaboration with Addison & Company is planning to develop a mid-market residential project near Chennai. GPL has acquired the developmental rights on a 12.57-acre plot owned by Addison. As per the agreement between th...
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Elysium plans Rs 170 crore affordable housing project Dec 8, 2009
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Coimbatore-based Elysium Real Properties (Private) Limited, in association with Martin Group of Companies, is planning to develop an affordable housing project with an investment of around Rs 170 crore.Speaking to Business Standard, Elysium managing ...
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KMDA plans to modernise Howrah Dec 7, 2009
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The Kolkata Metropolitan Development Authority (KMDA) plans to spend Rs 300 crore towards development of Howrah and adjoining areas.The funds are likely to be utilised to improve basic infrastructure, like construction of new roads, to facilitate the...
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GMR raising Rs 13,000 cr for power, road projects Dec 7, 2009
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Bangalore-based GMR Infrastructure, controlled by billionaire G M Rao, is close to raising about Rs 13,000 crore from domestic banks for funding its four power projects and two road projects. The company will invest about Rs 4,000 crore towards equit...
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Bharti-Walmart earmarks $105 mn for cash-and-carry Dec 4, 2009
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Bharti-Walmart Pvt Ltd, the joint venture between Bharti Enterprises and US-based Walmart Stores Inc for wholesale, business-to-business, cash-and-carry and back-end supply chain management operations, has earmarked over $105 million (over Rs 480 cro...
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Rs 1.10 lakh cr highway projects in 3 years Dec 3, 2009
Highway projects worth about Rs 110,000 crore will be executed in the country over the next three years, the Minister of State for Road Transport and Highways, Mr R.P.N. Singh, informed the Rajya Sabha today.
“The Government has formulated wor...
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After IT SEZ, Vascon eyes residential projects in Gujarat Dec 3, 2009
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Even as its IT special economic zone (SEZ) project near Ahmedabad is under process, Pune-based Vascon Engineers Limited is now looking at other opportunities in Gujarat. The company, which is into EPC and real estate projects, plans to develop reside...
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Govt to invite bids for 10 mega highway projects soon Dec 2, 2009
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The government will soon invite bids for 10 mega highway projects under, pubic-private partnership, and is in the process of making feasibility reports."The National Highways Authority of India (NHAI) has made initial identification of 10 mega projec...
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