The iconic and engineeringly challenging cable stay bridge built by Larsen & Toubro over the Durgam Cheruvu lake was inaugurated today and dedicated to the people of Hyderabad by the Honorable Minister of Municipal Administration & Urban Development Industries, IT&C, Government of Telangana, Sri K.T. Rama Rao in the august presence of Sri G Kishan Reddy, Hon’ble Union Minister of State for Home Affairs, Dr Bonthu Rammohan, Hon’ble Mayor of Hyderabad, other dignitaries, L&T’s senior management and project team.
The Government of Singapore Investment Corporation is in the final round of talks with ESR to invest in their second India focused logistics funds. ESR Cayman is a logistics real estate platform backed by a private equity firm Warburg Pincus. GIC is expected to invest approximately Rs 7.50 billion out of the targeted corpus of Rs 22.50 billion, as reported earlier.