Piramal Enterprises Ltd (PEL) is tying up with the worlds second largest pension fund APG Asset Management (APG) to invest $1 billion in Indias roads, ports, airports, power plants, telecom towers, the education and healthcare sectors.
Tag: India
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WB sees enormous infra funding needs
The World Bank (WB) has committed around $18 billion of financial assistance to India over the next three years. India and the other member of the emerging economies have demand larger say in the governance of the WB
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Highway builders seek Rs 20,000 crore from NHAI
Highway developers have filed for claims amounting to over Rs 20,000 crore to road projects before various courts and arbitration tribunals across the country.
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Reliance raises Jaypee funds
Reliance Power has initia¡ted discussions with the Singapore government-owned investment firm, Temasek Holdings, to raise up to $500 million and tie up funding for the three Jaypee Group hydroelectric power assets that it is acquiring
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In-principle approval for East-West Corridor
The Centre has approved in principle an East-West Corridor for Arunachal Pradesh to boost economic activities in the state. According to the Chief Minister Nabam Tuki,
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Nagaland to get 4 new national highways
Nagaland is set to get four more national highways. The Union Ministry of Road Transport and Highways has decided to include four more roads in the State as national highways,
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Airport developer challenges NGT order
The KGS Aranmula International Airport Ltd has moved the Supreme Court against the National Green Tribunal (NGT) verdict cancelling the environmental clearance given to the airport project by the Union Ministry of Environment and Forests.
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BGR Energy bags Rs 303 cr worth projects
BGR Energy has bagged Rs 303 crore worth projects across power, water, oil and gas sectors, taking its total order book to Rs 11,667 crore. BGR Energy received the Letter of Intent (LOI) for two numbers of natural draught cooling towers
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Tallest railway bridge in the works
Northeast Frontier Railway (NFR) has started construction of a bridge with height of pillars up to 141 m near Noney in Manipur
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Atlanta bags road project from NHAI
Atlanta has secured single order from National Highways Authority of India (NHAI). The project is for the operation and maintenance of a four-lane highway Guwahati Bypass-Nagaon-Daboka-Udauli section of NH-37, 36 and 54/54E from