Ashoka Buildcon is expected to achieve financial closure by Oct for its Rs 2,200 crore highway project that includes six-laning of an 111 km stretch on NH 6 between Dhankuni in Uttar Pradesh and Kharagpur in West Bengal
The Union Ministry of Shipping has set a target of 23 port projects to be awarded on PPP basis in 2011-12. Currently, 29 private sector projects have been sanctioned and are in operation across the major ports
While most Indian infrastructure companies are busy grabbing multiple pieces of the Indian infrastructure pie, some are perfectly content with just one piece. A prime example is GPT Infraprojects, a subsidiary of Kolkata-based GPT Group.
With the change of power at the Centre, the roads sector was expected to get back on the move with fast-track approvals, delink of forest and environment clearances, increased limits on sand mining, positive movement on land acquisition, online filing for clearances to construct rail over-bridges (ROB) and under-bridges (RUB), and change in bidding from BOT to EPC