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Prime Minister Narendra Modi will be inaugurating ready works of four highway projects of National Highway Authority of India (NHAI) during his proposed Varanasi visit on February 23.
UK-based investor Actis is set to acquire a portfolio of operational and under-construction Hybrid Annuity Model (HAM) road assets from Patel Infrastructure Limited (PIL) in India. The deal, with an enterprise value of approximately INR 1,500 crore ($180 million), includes two operational assets and two under-construction projects.
G R Infraprojects Limited has informed that the company has emerged as L-1 bidder in Financial Bid Opening dated 28th March 2023 for the two tenders invited by National Highways Authority of India in the state of Karnataka, via an exchange filing. The disclosure is in terms with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
An additional length of 450 km has also been bid out through toll operate transfer mode in three bundles, said Transport and Road Minister Nitin Gadkari.
Source: Highlights It said AEL would continue to evaluate and bid for attractive opportunities in the transport sector that generate value for stakeholders "The Group would use its immense expertise and experience of setting up complex and mammoth infrastructure projects in record time and to world-class quality," Adani Group added New Delhi: Adani Enterprises Limited (AEL) on Thursday said it has won a Rs 1,838-crore highway project from the National Highways Authority of India (NHAI) in Kerala. The project, under hybrid annuity mode (HAM), is a part of Bharatmala Pariyojna. "Adani Group is...