The Union finance ministry on Friday sanctioned a viability gap funding (VGF) of Rs.1,920 crore for the ambitious Mumbai Trans-Harbour Link project of the Mumbai Metropolitan Region Development Authority (MMRDA)

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The Union finance ministry on Friday sanctioned a viability gap funding (VGF) of Rs.1,920 crore for the ambitious Mumbai Trans-Harbour Link project of the Mumbai Metropolitan Region Development Authority (MMRDA). The concession period for the project would be 35 years instead of 45 years as originally proposed by MMRDA, or 30 years that the union finance ministry was insisting on
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Country updates

  • January 15, 2013

    GVK Power & Infrastructure Ltd has informed BSE that GVK Shivpuri Dewas Expressway Private Limited, a subsidiary of the Company, on January 14,2013, has terminated the Concession Agreement dated : January 12, 2012

  • January 08, 2013

    GMR Infrastructure Limited has announced the commencement of Commercial Operations of the Hyderabad - Vijayawada section of National Highway 9

  • January 07, 2013

    A state support agreement (SSA), a mandatory condition for initiating such projects, is yet to be signed between the railways and the government of Maharashtra despite Prime Minister Manmohan Singh insisting on completing the process by December 21

    A state support agreement (SSA), a mandatory condition for initiating such projects, is yet to be signed between the railways and the government of Maharashtra despite Prime Minister Manmohan Singh in...

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  • January 07, 2013

    The deadline for the RFQ has been extended up to 30 January 2013

  • January 07, 2013

    GMR Infrastructure Ltd has informed BSE that GMR Kishangarh Udaipur Ahmedabad Expressways Limited, a subsidiary of the Company, has terminated the concession agreement entered into with National Highways Authority of India (NHAI) for six laning of 555 Km Kishangarh - Udaipur -Ahmedabad highway

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