+
Gawar Construction Set to Raise Rs 20 Bn in Maiden InvIT
ECONOMY & POLICY

Gawar Construction Set to Raise Rs 20 Bn in Maiden InvIT

Gawar Construction, a prominent player in the infrastructure sector, unveils its intention to raise through its first-ever Infrastructure Investment Trust (InvIT). This financial initiative is strategically designed to secure funding for the execution of existing projects and the undertaking of new ventures, underscoring Gawar Construction's commitment to sustained growth and development in the infrastructure landscape.

The decision to launch an InvIT aligns with Gawar Construction's broader financial strategy, offering investors an opportunity to participate in the infrastructure projects undertaken by the company. This move not only diversifies Gawar Construction's funding channels but also positions the company to leverage market support for its ambitious expansion plans.

As Gawar Construction ventures into the InvIT market, this announcement serves as a testament to the company's proactive approach in accessing capital for infrastructure development. The infusion is poised to play a pivotal role in Gawar Construction's journey towards realising and enhancing its portfolio of infrastructure projects.

Gawar Construction, a prominent player in the infrastructure sector, unveils its intention to raise through its first-ever Infrastructure Investment Trust (InvIT). This financial initiative is strategically designed to secure funding for the execution of existing projects and the undertaking of new ventures, underscoring Gawar Construction's commitment to sustained growth and development in the infrastructure landscape. The decision to launch an InvIT aligns with Gawar Construction's broader financial strategy, offering investors an opportunity to participate in the infrastructure projects undertaken by the company. This move not only diversifies Gawar Construction's funding channels but also positions the company to leverage market support for its ambitious expansion plans. As Gawar Construction ventures into the InvIT market, this announcement serves as a testament to the company's proactive approach in accessing capital for infrastructure development. The infusion is poised to play a pivotal role in Gawar Construction's journey towards realising and enhancing its portfolio of infrastructure projects.

Next Story
Infrastructure Urban

Odisha Plans 426-Acre New Cuttack Smart City to Boost BCPPER

The Odisha government is considering the development of a 426-acre ‘New Cuttack City’ on reclaimed land along the Mahanadi River, aimed at enhancing the Bhubaneswar-Cuttack-Puri-Paradip Economic Region (BCPPER) into a globally competitive urban-industrial corridor. The plan envisions New Cuttack as a smart city and ecological hub that integrates cutting-edge urban infrastructure with environmental sustainability.According to recent reports on BCPPER, the project will feature a world-class eco-park, research and rejuvenation centres, sports amenities, and tourism infrastructure designed to ..

Next Story
Infrastructure Urban

Tambaram to Get Five Waste Transfer Stations Worth Rs 310 Million

The Directorate of Municipal Administration has approved the construction of five new waste transfer stations in Tambaram, Tamil Nadu, under the Swachh Bharat Mission (Urban) 2.0. These facilities, with a combined handling capacity of 500 tonnes per day (TPD), are intended to improve urban waste management in the rapidly expanding Tambaram Municipal Corporation (TCMC).Transfer stations temporarily store collected waste before it is transported to larger processing or dumping sites. Their implementation is expected to minimise indiscriminate dumping in public spaces and reduce the number of tri..

Next Story
Infrastructure Urban

Chandigarh Floats Rs 49.9 Million Tender for Road Repairs

The Chandigarh Municipal Corporation (MC) has issued a tender worth Rs 49.89 million for urgent road repairs ahead of the monsoon season. The tender aims to address potholes and damaged patches on roads under Road Division No. 1, following incidents of surface failures and cave-ins due to pre-monsoon rains.Last week, a 35-tonne truck sank into a caved-in road in Sector 43, raising concerns about road conditions across residential sectors and prompting the Corporation to act swiftly. The repair work, which includes pothole filling and resurfacing using ready-mix bituminous cold material, must b..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?