An engineering, procurement, and construction (EPC) subsidiary of the Shapoorji Pallonji Group has initiated talks with banks for an initial public offering (IPO) as it seeks to monetise assets to help meet repayment obligations stipulated in loan covenants involving the company’s financiers. The SP is group is also considering a strategic sale of Afcons Infrastructure and has reached out to Middle Eastern companies for the same.
LATEST
- [ May 2, 2024 ] Transforming Logistics: Update on MMLPs logistics
- [ May 2, 2024 ] Views of Praveen Sethia: “The revised amendments are a positive move in terms of bringing back the DBFOT model” Roads & Bridges
- [ May 2, 2024 ] New Approach: Increasing use of technology in airport design and construction Construction
- [ May 2, 2024 ] Integrated Growth: Railway stations offer a huge opportunity for transit-oriented development Railways
- [ May 2, 2024 ] Impetus to Rooftop Solar: Government launches the PM-Surya Ghar: Muft Bijli Yojana Power
- [ May 2, 2024 ] Interview with Kishor Nair: “The renewables industry has a trillion-dollar investment opportunity” Power
- [ May 2, 2024 ] Government plans to expand high-speed highway network by 6,000 km during 2024-25 Roads and Bridges
- [ May 2, 2024 ] Turnaround time at major ports grew by 9 per cent during FY 2024 Ports & Shipping
- [ May 2, 2024 ] Integral Coach Factory rolls out first Vande Metro train Railways
- [ May 2, 2024 ] Construction begins on three underground stations under Chennai Metro Phase II Urban Infrastructure
COPYRIGHT © 2016- 2022 | INDIAN INFRASTRUCTURE