Cube Highways has announced the signing of definitive agreements for a minority stake sale to an entity that is ultimately wholly-owned by the Abu Dhabi Investment Authority (ADIA).
Infrastructure/PPP news in India
The government of Bangladesh under the Ministry of Housing & Public Works has released a Request for Qualifications (RFQ) seeking interested firms to undertake the development of Flyover from Shantinagar to Dhaka-Mawa Road through Public Private Partnership.
The National Mission for Clean Ganga (NMCG) and the state governments of Uttar Pradesh and Uttarakhand have awarded work to private sector for construction and maintenance of Sewage Treatment Plants in two major cities in Ganga river, Varanasi and Haridwar.
India's City and Industrial Development Corporation of Maharashtra (CIDCO) has received the financial proposal from GVK-led Mumbai International Airport (MIAL) for the Navi Mumbai International Airport PPP.
CG Tollway Pvt. Ltd., a Special Purpose Vehicle (SPV) of India’s IRB Infrastructure Developers, has achieved financial close for another BOT project in the State of Rajasthan.
Chittagong Port Authority (CPA), under Ministry of Shipping, Government of the People's Republic of Bangladesh, has received bids for the contract to build maritime terminal.
The Asian Development Bank (ADB) and the Government of India has signed a US$220 million loan for improving connectivity as well as transport efficiency and safety on state highways of Rajasthan.
GMR Goa International Airports Limited (GGIAL), a subsidiary of GMR Airports Limited, has executed debt facility agreement for the development of Greenfield airport at Mopa (India).
IRB Infrastructure Developers has announced it has achieved financial closure for the Udaipur – Gujarat Border 6 Laning BOT project.
The Government of India has granted in-principle approval for a US$3 billion airport PPP south of New Delhi in view of the rapidly growing flying requirements of the National Capital Region (NCR).
A total of 11 companies have expressed interest in running the operation and maintenance (O&M) of Ahmedabad and Jaipur airports, the contracts for which are expected to be awarded by the end of May.
MEP Infrastructure Developers Limited and Spain's Constructora San Jose have achieved financial close for the Mahuva - Kagavada section in India.
The Mumbai Metropolitan Region Development Authority (MMRDA) has received bids from several international companies to build the Mumbai Trans Harbour Link (MTHL).
IRB Infrastructure Developers, an Indian highway construction company part of the IRB Group, has announced it has completed the acquisition of remaining 26% stake in M.V.R Infrastructure and Tollways Pvt. Ltd. (MVR) from its previous promoters and other shareholders.
MEP Infrastructure Developers Limited has announced the financial closure of the Talaja-Mahuya Section PPP project.
Hyderabad International Airport Ltd (HIAL), a unit of GMR Infrastructure is planning to raise US$250-300 million by selling offshore bonds.
Abertis has closed 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).
The National Highways Authority of India (NHAI) has announced it has re-launched the tender process to turn the existing Bengaluru-Mysuru highway (NH-275) in the State of Karnataka into a six lane expressway.
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.