In a notable development, the Union Cabinet approved HUDA City Centre to Cyber City Metro Rail Project, Gurugram with spur to Dwarka Expressway at an estimated cost of Rs 54.52 billion. It is likely to […]
To reduce the travel time between Jewar Airport to Delhi Airport, the upcoming high speed metro line is likely to have six stations. Reportedly, funding pattern and detailed project report (DPR) is expected to be […]
The recarpeting work of the 2.86 km long runway at Calicut International Airport has been completed on June 2, 2023.The work started on January 27, 2023 and has been completed in a recorded time of […]
The memorandum of understanding (MoU) was signed between the government of Bihar and AAI for the construction of new civil enclaves at Darbhanga Airport and Purnia Airport in Bihar on June 5, 2023. Around 52.18 […]
Navi Mumbai International Airport (NMIA) is expected to start operations by the end of 2024 while adding around 40 per cent more flight handling capacity to the Mumbai Metropolitan Region’s (MMR) airports. The capacity of […]
The Government of Himachal Pradesh (GoHP) has asked for funds from the central government for the development of Mandi International Airport and Kangra Airport in Himachal Pradesh. The GoHP has sought funds of Rs 10 […]
Many global investors, including CDPQ, KKR, Cube Highways and IRB Infrastructure Developers, have evinced interest in acquiring a 361 km long highway asset under the National Highways Authority of India’s (NHAI) toll-operate-transfer (TOT) 12 auction. […]
Blackstone has acquired a part of an Indian logistics company’s warehousing parks business, which it had started acquiring in tranches three years ago. The firm has now acquired a 10 per cent stake in five […]
NDR Warehousing, a logistics solutions provider, has announced the acquisition of LSA Warehousing Private Limited for about Rs 420 million. The acquisition includes an expansive 18 acre project strategically positioned along the Sohna-Ballabgarh road.
The Odisha government has called off its plan to divest a 49 per cent stake in the Odisha Power Generation Corporation, which was announced in January 2023. The sale process had generated a poor response […]
Sekura Roads is set to acquire Thrissur Expressway Limited (TEL) from KMC Constructions for Rs 8 billion. Currently, KMC Infratech holds around a 90 per cent stake in the 28 km long TEL, with China […]
The disinvestment of the Container Corporation of India has been called off on account of internal differences over the proposed move. Additionally, Indian Railways has reservations about bringing on board a strategic investor into the […]
Adani Defence Systems and Technologies Limited has decided not to proceed with the proposed Rs 4 billion deal to acquire Air Works India (Engineering) Private Limited, a maintenance, repair and overhaul company. The deal has […]
The government has mopped up Rs 41.85 billion through the sale of a 3 per cent stake in Coal India. After the offer for sale, the Centre’s holding has come down to 63.13 per cent […]
India’s SpiceJet Limited announced the investment of $100 million by the UK-based SRAM & MRAM Group in its cargo division SpiceXpress, sending the shares of the budget airline up by as much as 4.8 per […]
Delhivery, a logistics company, has made an investment in direct-to-consumer (D2C)-focused software-as-a-service company Vinculum. The investment is the first phase of a prospective two-stage transaction that gives Delhivery the option to increase its stake in […]
According to the Municipal Corporation of Ludhiana, the work on the 24×7 canal-based surface drinking water supply project in Ludhiana has been resumed. The project is worth Rs 33.94 billion and is funded by the […]
Brookfield Renewable, an arm of Brookfield Asset Management, Inc., has entered into an agreement to acquire a majority stake in CleanMax Enviro Energy Solutions. Through a combination of a secondary purchase of shares from current […]
The commercial production at Barmer refinery-cum-petrochemical complex is likely to commence by December 31, 2024. The project involves setting up of a 9 million tonnes per annum (mtpa) capacity oil refinery-cum-petrochemical complex in Barmer district […]
Mangalore Refinery and Petrochemicals Limited (MRPL) plans to set up a new petrochemical production plant at an investment of Rs 300-400 billion in Karnataka. It is likely to be operational in three to five years. […]
COPYRIGHT © 2016- 2025 | INDIAN INFRASTRUCTURE