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GMR Infra collects toll on Hungund-Hospet road

GMR Infrastructure began partial toll collection on Hungund-Hospet road at two out of three toll plazas of the Rs 1,650 crore project. Executed under NHDP-Phase-III, the Karnataka project is a BOT toll project with a construction time of 30 months. The company bagged the project from NHAI, which is ..

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GMR Infra starts toll collection on Hungund-Hospet road

GMR Infrastructure has commenced partial toll collection on Hungund-Hospet road. Toll collection has started at two out of three toll plazas of the project, said a company release. The company is executing the four-laning road project of Hungund-Hospet section of NH-13 on toll basis under NHDP - Pha..

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Bankers to lend Rs 8.3 bn for Rs 11 bn road project

A consortium of bankers agreed to provide Rs 830 crore syndicated loan to Hospet-Chitradurga Tollways (HCTL) for the Rs 1,102.81-crore road project in Karn

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Ramky achieves financial closure for Hospet road project

For the Rs 1,103-crore Hospet-Chitradurga tollway road project in Karnataka, Ramky Infrastructure has achieved financial closure. The company closed finances through debt syndication of Rs 830 crore to execute the road project.

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Bharat Mines mulls 2.2 mn tonne steel plant

Bharat Mines & Minerals (BMM) plans to establish a 2.2 mn tonne greenfield steel manufacturing plant at Hospet in Karnataka with an investment of around Rs 6,700 crore.

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KIOCL plans beneficiation plant in Hospet

State owned Kudremukh Iron Ore Company Limited (KIOCL), which exports iron ore pellets, is looking at setting up an ore beneficiation plant at Hospet in the iron ore-rich Bellary district. The enriched ore will be used as raw material to run its pellet plant in Mangalore.

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Mukand to selling land in Thane for Rs 600 crore

Mukand Ltd is close to selling a part of its land at Kalwa near Thane for about Rs 600 crore.

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