Hyderabad-based infra player Madhucon Projects has sold its 100 per cent stake in Madhucon Agra- Jaipur Expressways Ltd (MAJEL) to Singapore-based Cube Highways and Infrastructure for Rs.248 crore.
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Tag: Madhucon Projects
Hitting the road
Investing in an infrastructure project isn´t really glamorous, more so if it happens to be a still developing economy like India that needs to first create some basic infrastructure. A new road project or a thermal power plant many not excite as much as investing in a cutting-edge technology start-up in India´s own Silicon Valley, Bengaluru
Tata Realty buys Expressway
Hyderabad-based Madhucon Projects has signed an agreement to sell its Agra-Jaipur Expressway project to Tata Realty and Infrastructure for Rs 250 crore, making it the second merger and acquisition deal in the roads sector in December 2014.
Madhucon to sell power, road projects
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.
Madhucon to sell power, road projects
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.
Madhucon bags road project
Madhucon Projects has been awarded a project for four-laning of Barasat-Krishnagar section of NH-34 between 31 km and 115 km in West Bengal by NHAI.