GMR Infrastructure has been awarded a greenfield commercial port at Kakinada.
The PPP way of creating infrastructure in India has waned. Things got compounded by inherent risks that were stacked up upon the private sector, resulting in a bouquet of heavily invested infra projects getting waylaid and now languishing due to delays and cost overruns
A slew of measures to infuse the much-needed cash-flow into the infrastructure sector have been introduced to push growth. And Rs 8 lakh crore of equity is likely to find its way soon in the sector enriching the fund pool. However, missing links like deepening the bond market in the country
GMR Hyderabad International Airport (GHIAL)has bagged 'FICCI CSR Award-2012-13', for its corporate social responsibility (CSR) initiatives. The award was from FICCI Aditya Birla CSR Centre for Excellence under the winner category in private sector companies.