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.
Tag: Madhucon Projects
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Hitting the road
Investing in an infrastructure project isnĆĀ“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 IndiaĆĀ“s own Silicon Valley, Bengaluru
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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.
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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.
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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.
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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.