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Infrastructure/PPP news in India

MegaProject 868: GVK wins Navi Mumbai airport PPP

MegaProject 868: GVK wins Navi Mumbai airport PPP

🕔Feb 15, 2017

Maharashtra's City and Industrial Development Corporation (CIDCO), though the the project monitoring and implementation committee (PMIC), has selected a preferred bidder for the Navi Mumbai International Airport PPP project in India.

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MegaProject 853: Deadline extended for Navi Mumbai airport PPP

MegaProject 853: Deadline extended for Navi Mumbai airport PPP

🕔Jan 25, 2017

Maharashtra's City and Industrial Development Corporation (CIDCO), though the project monitoring and implementation committee (PMIC), has extended the deadline for the Navi Mumbai International Airport PPP project in India.

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MEP Infrastructure Developers and San Jose achieve FC for Indian road PPP

MEP Infrastructure Developers and San Jose achieve FC for Indian road PPP

🕔Jan 24, 2017

MEP SANJOSE Arawali Kante Road, a MEP Infrastructure Developers’ subsidiary, has announced it has achieved the financial closure as per the Concession Agreement executed with the Ministry of Road Transport and Highways (MORTH) dated June 28, 2016.

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MegaProject 851: India tenders O&M of two international airports

MegaProject 851: India tenders O&M of two international airports

🕔Jan 23, 2017

Airports Authority of India (AAI) has launched a tender process to seek a strategic partner for Operation & Maintenance (O&M) to ensure highest standards of service in select areas other than city side and air side but including passenger terminal, car park, aprons and associated utilities of the Sardar Vallabhbhai Patel International Airport at Ahmedabad, Gujarat and Jaipur International Airports, Rajasthan by entering into an O&M contract.

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Operation and Maintenance of Select Areas of Ahmedabad and Jaipur Airports

Operation and Maintenance of Select Areas of Ahmedabad and Jaipur Airports

🕔Jan 20, 2017

The Authority wishes to receive electronic Bids from world renowned Airport operators for the O&M arrangement of the Airports with clearly defined roles and responsibilities and risks of each Entity in terms of undertaking O&M of the Airports and both the entities will then enter into an agreement to operationalize the arrangement.

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MegaProject 840: Abertis reaches agreement for the acquisition of two toll roads in India

MegaProject 840: Abertis reaches agreement for the acquisition of two toll roads in India

🕔Dec 30, 2016

Abertis has reached an agreement for the acquisition from MSIIPL and SMIT infrastructure funds, controlled by Macquarie and State Bank of India, of two of India's most important toll roads, the NH-44 and the NH-45, for a total amount of €128 million (US$134 million).

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Essel Group purchases two road assets from KNR and Patel

Essel Group purchases two road assets from KNR and Patel

🕔Nov 24, 2016

Infrastructure company Essel Infraprojects has announced it has agreed to acquire two road assets in India from Patel Engineering and KNR Constructions.

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GMR Airports signs concession agreement for North Goa’s Greenfield International Airport at Mopa

GMR Airports signs concession agreement for North Goa’s Greenfield International Airport at Mopa

🕔Nov 17, 2016

GMR Airports Limited, a subsidiary of GMR Infrastructure Limited, signed the Concession Agreement with Government of Goa for the development and operation of north Goa’s Greenfield International Airport at Mopa.

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GMR Group's Delhi International Airport raises $522 million in debt

GMR Group's Delhi International Airport raises $522 million in debt

🕔Nov 8, 2016

Delhi International Airport (P) Limited (DIAL), India’s busiest airport, has raised US$522.6 million by issuing 10-year bonds in the international market at a coupon of 6.125 percent.

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India to select consultant to develop river freight service

India to select consultant to develop river freight service

🕔Oct 27, 2016

The Government of India has announced that it is planning to introduce roll-on/roll-off (RO/RO) services at five locations on the Ganges River, also known as Ganga.

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India’s NIIF and Russia’s RDIF to establish $1 billion Russian Indian Investment Fund

India’s NIIF and Russia’s RDIF to establish $1 billion Russian Indian Investment Fund

🕔Oct 26, 2016

The Russian Direct Investment Fund (RDIF) and National Investment and Infrastructure Fund (NIIF), established by the Government of India with the support of RDIF, have agreed to set up a US$1 billion Russia-India Investment Fund.

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Reliance signs term sheet with Brookfield to sell 51% stake in telecom business

Reliance signs term sheet with Brookfield to sell 51% stake in telecom business

🕔Oct 26, 2016

Reliance has signed a non-binding agreement with Canada-based Brookfield Infrastructure Group to sell a majority stake in its telecom tower bussines.

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Chidambaranar Port re-tenders PPP projects after terminating contract with Transstroy consortium

Chidambaranar Port re-tenders PPP projects after terminating contract with Transstroy consortium

🕔Oct 24, 2016

The Chidambaramar Port, located on the South Eastern Coast of India, has tendered again two PPP projects after terminating the contracts with a Transstroy-led consortium.

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IRB Infrastructure loses road PPP project

IRB Infrastructure loses road PPP project

🕔Oct 17, 2016

Maharashtra State Road Development Corp (MSRDC) has terminated the concession contract with IRB for the development of the Mumbai-Pune Phase II PPP project, which was awarded to the company in September 2014.

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Megaproject 795: Dilip Buildcon wins road PPP project in India

Megaproject 795: Dilip Buildcon wins road PPP project in India

🕔Oct 14, 2016

National Highways Authority of India (NHAI) has awarded the four laning of the Lucknow-Sultanpur section of National Highway - 56 on Hybrid Annuity Mode to Dilip Buildcon. 

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India’s National Investment and Infrastructure Fund (NIIF) to start funding activities

India’s National Investment and Infrastructure Fund (NIIF) to start funding activities

🕔Oct 11, 2016

India's National Investment and Infrastructure Fund (NIIF) is about to start funding activities. The government launched the fund last December to provide financing for greenfield, brownfield and stalled projects.

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MegaProject 789: Civil Aviation Ministry approves airport projects in India

MegaProject 789: Civil Aviation Ministry approves airport projects in India

🕔Oct 5, 2016

The Civil Aviation Ministry of India has approved the development of three new greenfield projects located in the state of Andhra Pradesh. 

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Apollo Global leads race to acquire stake in Hyderabad airport PPP

Apollo Global leads race to acquire stake in Hyderabad airport PPP

🕔Oct 4, 2016

Apollo Global Management has submitted a INR 20 billion  (US$300 million) bid to acquire the 30 per cent stake in the Hyderabad International Airport Limited from GMR Group, emerging as the front runner in the transaction process. 

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IRB Infrastructure receives Letter of Award for road PPP project

IRB Infrastructure receives Letter of Award for road PPP project

🕔Sep 30, 2016

IRB Infrastructure Developers has received a Letter of Award from NHAI for the project of Six Laning Udaipur to Rajasthan/ Gujarat border on section of NH-8 in India.

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IRB Infrastructure wins Kishangarh highway six-laning project for the second time

IRB Infrastructure wins Kishangarh highway six-laning project for the second time

🕔Sep 26, 2016

IRB has emerged as the preferred bidder for the project of Six-laning of Kishangarh-Udaipur Ahmedabad section of NH-8 under Phase V on Design Build Finance Operate Transfer (DBFOT) Toll basis.

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