Infrastructure and PPP in India: News Round-up

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Infrastructure and PPP in India: News Round-up New Mangalore Port Trust Abandons PPP Plans. 
New Mangalore Port Trust has abandoned plans for a public-private partnership development of its proposed container terminal.
Rebid -RFP of 4 Bus Terminuses in Uttarakhand.Uttarakhand Transport Corporation invites bids from the interested parties for redevlopment of 4(four) Bus Terminuses in Uttarakhand. These terminuses are proposed at following locations :
  • Ramnagar
  • Kashipur
  • Srinagar
  • Rudrapaur
Private equity paves road for India's infrastructure. With a USD 2.2 billion order book to build nearly 4,000 km (2,500 miles) of road lanes across India and its bank credit tapped out, KMC Constructions turned to private equity for funding.
Reliance Equity To Raise Money For New Fund. Reliance Equity Advisors (India) Ltd., the private equity arm of the Anil Ambani-led Reliance Group, plans to start a $250 million-$300 million fund by the end of the year.
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