With its planned war chest of $220 million, Essel Highways will enter a market that continues to be predominantly a buyer's market, say experts Mumbai: Essel Highways Ltd, a unit of Essel Infraprojects Ltd, is in talks to raise Rs400 crore from ... Livemint.com, 1 month ago
India: Essel Highways in talks to raise $60m from special situations fund Aion Capital - DealStreetAsia, 1 month ago
Industry experts have welcomed the government's decision to merge rail and union budgets but added that it could impinge on the autonomy of the national transporter. They argued that the proposed merger will shift financial responsibility of loss-making ...The Financial Chronicle, 1 month ago
Singapore's Temasek and GIC, CPPIB, Abu Dhabi Investment Authority among those interested; transaction is expected to be closed in a few weeks Mumbai: Singapore's Temasek Holdings Pte and GIC Pte, the Canada Pension Plan Investment Board and the Abu ...Livemint.com, 1 month ago
Mumbai: Good news for infrastructure companies as the government is working on a proposal to help the sector avoid cost over runs and payment delays. The Niti Aayog has prepared a cabinet note which proposes that in case of a dispute and the order ...India Brand Equity Foundation, 1 month ago Niti Aayog prepares cabinet note to ease arbitration norms for infra companies Smart Investor, 1 month ago
The number of bidders for hybrid annuity model (HAM) road projects have gone up to 8-10 from two six months ago, indicating a renewed private sector interest in the highway sector. In case of engineering, procurement and construction (EPC) projects, bidders ...The Financial Chronicle, 2 months ago
Cabinet to take up proposal to extend operation & maintenance contracts from 9 to 29 years The government is mulling extending operation and maintenance (O&M) contracts for highways from the current nine years to 29 years, aiming to attract pension funds and other investors. The Union Cabinet would take up the proposal soon, which is likely to usher in a major reform in the sector, said a senior government officer in the know of the developments. Sources said the Union Ministry of Road ...Rediff.com, 2 months ago
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