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.
Infrastructure/PPP news in India
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.
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.
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.
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.
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).
Infrastructure company Essel Infraprojects has announced it has agreed to acquire two road assets in India from Patel Engineering and KNR Constructions.
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.
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.
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.
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.
Reliance has signed a non-binding agreement with Canada-based Brookfield Infrastructure Group to sell a majority stake in its telecom tower bussines.
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.
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.
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.
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.
The Civil Aviation Ministry of India has approved the development of three new greenfield projects located in the state of Andhra Pradesh.
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.
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.
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.