Sadbhav Infrastructure Project’s collection of toll revenue from its 10 operational Special Purpose Vehicles (SPVs) has increased by around 12.5% to Rs 268.55 crore in Q2FY19 from Rs 238.63 crore in Q2FY18. The company’s toll revenue from its Ahmedabad Ring Road Infrastructure (ARRIL) in Q2FY19 has increased by around 10% to Rs 23.22 crore from … Read more
MEP Infrastructure Developers’ Subsidiary — MEP SANJOSE Talaja Mahuva Road — has achieved the Milestone-1 for the project of Four Laning of Talaja- Mahuva Section of NH – 8E from Km. 53.585 to Km. 100.100 (design chainage from Km. 54.990 to Km.100.450) (Package – II) in the state of Gujarat on Hybrid Annuity mode under … Read more
GMR Infrastructure (GIL) has received the consent award from the arbitral tribunal based on the settlement agreement signed by it with private equity investor’s namely SBI Macquarie, Standard Chartered Private Equity, JM Financial Old Lane and others (Investors), which had invested an amount of Rs 14.78 billion in the form of Compulsorily Convertible Preference Shares … Read more
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 face value Rs. 1 has … Read more
MEP Infrastructure Developers’ subsidiary — MEP SANJOSE Talaja Mahuva Road has achieved the milestone one for the project of four laning of Talaja- Mahuva Section of NH – 8E from Km. 53.585 to Km. 100.100 (design chainage from Km. 54.990 to Km.100.450) (Package – II) in the state of Gujarat on Hybrid Annuity mode under … Read more
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, Alwar and Jodhpur costing Rs … Read more
The theme for this year’s meeting is “Mobilizing Finance for Infrastructure: Innovation and Collaboration.” The Board of Directors of AIIB approved an equity investment of 100 million US dollars in India’s National Investment and Infrastructure Fund, NIIF. AIIB is considering a further investment of 100 million US Dollars. AIIB Vice President and Chief Investment Officer … Read more