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GMR to build airport in Philippines

GMR to build airport in Philippines

GMR Infrastructure has made an upfront payment of 14.4 billion Philippine pesos (about $320 m) and signed the concession agreement to develop and operate the Mactan Cebu International Airport in the Philippines.

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Court relief for Parama flyover project

Court relief for Parama flyover project

Calcutta High Court ordered Hindustan Construction Company (HCC) to construct the remaining portion of Park Circus-Parama Island flyover. The court accepted the HCC offer of Rs 257 crore for constructing the remaining part of the flyover.

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Gammon Infra to exit road projects

Gammon Infra to exit road projects

Gammon Infrastructure and National Highways Authority of India (NHAI) have mutually agreed to terminate concession agreements of two NHAI road projects, as they remained non-starters due to lack of land clearances,

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A brief on Sahar Elevated Road – (From WEH to Chhatrapati Shivaji International Airport)

A brief on Sahar Elevated Road – (From WEH to Chhatrapati Shivaji International Airport)

The elevated road was conceptualized as there was no direct access to the International Airport. Now, this very soon-to-be-completed Sahar Elevated Road will facilitate easier and quicker access to the travelers proceeding to and from the Chhatrapati Shivaji International Airport (CSIA). This elevated road provides direct connectivity between the Western Express Highway and Terminal-2 of CSIA to be commissioned shortly.

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Rethink on premium highway restructuring

Rethink on premium highway restructuring

The C Rangarajan Committee, which was set up in October this year, made some key recommendations to be submitted to the Highway Ministry that include rescheduling of premium that road developers are liable to pay to the National Highway Authority of India (NHAI) and some breather from penalty norms.

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Rethink on premium highway restructuring

Rethink on premium highway restructuring

The C Rangarajan Committee, which was set up in October this year, made some key recommendations to be submitted to the Highway Ministry that include rescheduling of premium that road developers are liable to pay to the National Highway Authority of India (NHAI) and some breather from penalty norms.

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How the cookie crumbles

How the cookie crumbles

With escalated construction costs excarberating to halved traffic growth projections, M Murali explains the startling fact that delays stood at an average of 73 per cent beyond the original timelines.