Bharti Infratel said it is looking at acquisition opportunities in India and overseas. The company, which is the tower unit of telecom major Bharti Airtel, is set to launch its initial public offering (IPO) on December 11 to raise up to Rs 4,533.60 crore. The proceeds from the IPO would be used to fund expansion plans as well as future acquisitions. Of the total 376,000 towers in India,Bharti Infratel has 80,656.
Author: admin (Infratructure Today)
Post
Post
Cabinet clears models for rail link projects in ports
Union cabinet has cleared the five models proposed by Indian Railways for setting up rail infrastructure in ports set up through private investment in the country. The five models include non-Government Railway, joint venture with equity participation by Railways, capacity augmentation through funding by customers, BOT and BOT (a
Post
Kolkata Port mulls expansion project
Through the Haldia Dock II project, the Kolkata Port Trust plans to add 23.4 million tonne capacity, agency reports suggest. The project, which will be executed under a PPP (Public-private partnership) model, received approval from the PPP appraisal committee (PPPAC) for the model concession
Post
‘No scheme from states to fund national highways’
The Union government has taken up development of National Highways (NHs) under the National Highways Development Project (NHDP) & Non-NHDP, said the Union Minister of Road Transport and Highways Sarvey Sathyanarayana. He added that there is no scheme for development of NHs with funding assistance from the State Governments.
Post
Pune civic body mulls more riverside roads to ease traffic
The Pune Municipal Corporation (PMC) wants to go ahead with the development of a road network along the Mutha riverside. PMC has got the high court nod for a 3.2 km road along the Mutha river.
Post
Mumbai to get Rs 529-cr for road works
The Brihanmumbai Municipal Corporation plans to carry out roadwork worth a whopping Rs 529 crore in south Mumbai - more than half the amount the civic body spent on relaying roads across the entire city last year.
Post
J&k PWD’s inaction results in delay of road works
An audit by the Jammu and Kashmir government has revealed that road projects under Central Road Fund (CRF) in Kashmir division are in limbo or have been delayed.
Post
Madurai Corp to take up road repairs at Rs 24 cr
Madurai City Corporation has chalked out a Rs 24 crore plan to relay, repair and lay new roads on 67 stretches in various parts of the city that cry for attention. The city corporation council adopted a resolution in this regard on November 28.
Post
‘No scheme from states to fund national highways’
The Union government has taken up development of National Highways (NHs) under the National Highways Development Project (NHDP) & Non-NHDP, said the Union Minister of Road Transport and Highways Sarvey Sathyanarayana. He added that there is no scheme for development of NHs with funding assistance from the State Governments.
Post
Pune civic body mulls more riverside roads to ease traffic
The Pune Municipal Corporation (PMC) wants to go ahead with the development of a road network along the Mutha riverside. PMC has got the high court nod for a 3.2 km road along the Mutha river.