Hyderabad-based Madhucon Projects plans to raise about Rs 1,300 crore by selling stakes in its highway and power projects in five to six months. The company considers diluting 26 per cent and 20 per cent in its road holding company and its 1,920 MW thermal power project at Nellore in Andhra Pradesh, respectively. The company is planning to form a holding company for roads now that it has seven roads.
FlashNews:
RECPDCL Handovers HVDC Transmission Project’s SPV viz. Rajasthan Part I Power Transmission Limited to Adani Energy Solutions Limited
15th Cement EXPO: A Step Forward in Cement Innovation
MOU signed between NBCC and Hindu College for development of “Centre for Advance Studies”
NBCC Signs MoU with Sahakari Awas Nirman Evam Vitt Nigam Ltd. for land development in Lucknow
REC Limited Commits ₹8.44Crore Under CSR to support 1MW solar photovoltaic power plant in the Gandhigram Rural Institute, Tamil Nadu
REC Commits ₹2.01 Cr Under CSR to Support Procurement of Health Equipments in Raipur, Chhattisgarh
RECPDCL Handovers Rajasthan IV 4A Power Transmission Limited, a Transmission Project Special Purpose Vehicle to Power Grid Corporation of India Limited
REC Limited Commits Rs. 2.92 Crore Under CSR to Enhance ITBP Medical Infrastructure
Global investors are eyeing India’s infrastructure sector
Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
IIFCL Launches Strategic Document to Support Green Infra
REC Reports Record Half-Yearly Profit of ₹74.48 Billion
RAHSTA to submit policy recommendations to NHAI
Roads & Highways Builders book RAHSTA Expo
Are Projects facing a 90 percent barrier?
RAHSTA Forum sets the stage for groundbreaking discussions in roads infra
NBCC sells office/commercial space worth Rs. 14,800 Crore approx
RAHSTA Forum to kick off road and highway expo journey
Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
Home » Madhucon to sell power, road projects
Madhucon to sell power, road projects
Roads & Highways
July 1, 2011July 1, 2011
Leave a Reply
You must be logged in to post a comment.