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Tag Archives: infrastructure

Maruti Infrastructure bags order worth Rs 45.68 crore

Maruti Infrastructure has been awarded the tender for construction of 973 EWS Residential including internal infrastructure & development work as approved by Standing Committee, Ahmedabad Municipal Corporation, Ahmedabad, Gujarat. The tender project cost is Rs 45.68 crore. Maruti Infrastructure is presently engaged in the business of construction and estate development ... Read More »

GMR Infrastructure’s arm enters into definitive share purchase agreement

GMR Infrastructure’s indirect subsidiary — GMR Hyderabad International Airport (GHIAL) has entered into a definitive Share Purchase Agreement for acquiring the entire equity and preference shares held by Menzies Aviation Cargo (Hyderabad), Mauritius in Hyderabad Menzies Air Cargo (HMACPL) at a total consideration of Rs 59.75 crore. Post-acquisition of the ... Read More »

CONCOR signs agreement with Kribhco Infrastructure

Container Corporation of India (CONCOR) and Kribhco Infrastructure (KRIL) have entered into an agreement, wherein CONCOR will operate & manage the Bonded Area at KRIL’s Terminal at Modinagar in the state of Uttar Pradesh, for handling of EXIM traffic. This will help to promote and meet the growing needs of ... Read More »

GMR Infrastructure’s arm launches Airport Radio in Hyderabad

GMR Infrastructure’s subsidiary — GMR Hyderabad International Airport (GHIAL) has launched South India’s first Airport Radio under its signature ‘#PassengerIsPrime’ programme at Rajiv Gandhi International Airport in Hyderabad in the state of Telangana. The airport handles over 55,000 passengers on a daily basis. Mirchi Airport Radio is a 24×7 custom-produced, ... Read More »

GMR Infrastructure’s arm signs MoU with APGDC: Report

GMR Infrastructure’s subsidiary — Kakinada SEZ has reportedly signed a memorandum of understanding (MoU) with the Andhra Pradesh Gas Development Corporation (APGDC). The company has signed a MoU to get access to piped natural gas for its upcoming 10,500-acre Kakinada Special Investment Region. GMR Infrastructure is engaged in generation of ... Read More »

GMR Infrastructure gains on the bourses

GMR Infrastructure is currently trading at Rs. 16.25, up by 0.25 points or 1.56% from its previous closing of Rs. 16.00 on the BSE. The scrip opened at Rs. 16.00 and has touched a high and low of Rs. 16.30 and Rs. 16.00 respectively. The BSE group ‘A’ stock of ... Read More »

PM Modi reviews performance of key infrastructure sectors

The review meeting was attended by top officials from  infrastructure-related Ministries, NITI Aayog, and PMO. The average road length constructed per day in Financial  Year 2017-18 was 26.93 km, as compared to 11.67 km in Financial Year 2013-14. In the railways sector, there has been significant addition in capacity and rolling ... Read More »

PM Modi reviews progress of key infrastructure sectors

In line with his hands on approach for the country’s development..Prime Minister Narendra Modi reviewed progress of key infrastructure sectors of roads, Pradhan Mantri Gramin Sadak Yojana, rural housing, urban housing, railways, airports and ports ..The meeting was attended by top officials from infrastructure-related ministries, NITI Aayog and PMO and ... Read More »

PM Modi calls for investment in digital infrastructure

Addressing the BRICS Outreach Session in Johannesburg, Prime Minister  Modi called for more investment in the digital infrastructure and skill development in the area of digitisation. “Today we are once again at the historic turning point. Thanks to digital revolution, new opportunities are emerging for us and that is the ... Read More »

PM lays foundation of 13 infrastructure projects

He also inaugurated a water supply project for Ajmer under the Amrut Mission and the integrated infrastructure package for walled city of Udaipur. This includes drinking water supply, sewarage and road network and underground electrification of Udaipur. It will cost Rs 537 crore. The upgradation of STPs in Dholpur, Nagaur, ... Read More »