The Southern bench of the National Green Tribunal has allowed the Kerala Government to go ahead with tenders for the Vizhinjam international seaport and container terminal project.
Tag: Gammon Infrastructure
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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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Gammon gets uderwriting of financial closure for 5 road projects
Gammon Infrastructure has secured underwriting for the financial closure of five highways projects in Bihar, Andhra Pradesh, Madhya Pradesh, Orissa and Haryana, which is likely to help the developer tie up funds easily and enable faster pace of progress.
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MPT awards Rs 3 bn project to Gammon Infra
Mormugao Port Trust (MPT) and Gammon Infrastructure finalised a 30-year concession agreement that gives the company the right to construct and operate a coal handling terminal at the port. Gammon would built the terminal at a total estimated cost of Rs 300 crore with a capacity of 2.33 million tonne per annum. Mormugao Port selected Gammon for the project as the latter offered a revenue share of 33.66 percent. JSW, whic
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MPT terminal project
Mormugao Port Trust (MPT), which opened bids for its proposed 2-million tonne per year coal berth terminal, received the highest offer from Gammon Infrastructure.The firm offered a revenue share of 33.66 per cent for the contract, which involves mechanisation and operation of the terminal. With an offer of 27 per cent revenue share, JSW emerged as the second highest bidder.
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Gammon seeks to offload projects
Gammon Infrastructure is planning to sell stake in two infrastructure projects to raise equity funding to meet expansion plans.
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India Infrastructure Finance 2010: Needed-A human face to infra lending
Infrastructure lending may need a more qualitative assessment approach, different from shorter-term, quantitatively evaluted funding, say experts.