CCI authorises purchase stake of NIIF in Hindustan Ports

14 Feb 2023 CW Team

The Competition Commission of India (CCI) approved National Investment and Infrastructure Fund's acquisition of a stake in Hindustan Ports Pvt Ltd. (NIIF). Additionally, the regulator gave the go-ahead for Hindustan Infralog Pvt Ltd (HIPL) to consolidate with HPPL. The proposed merger of HIPL with HPPL and the acquisition of up to 25% of HPPL by National Investment and Infrastructure Fund were both approved, the CCI stated in a tweet. In June last year, NIIF announced that it had invested Rs 22.50 billion in HPPL, a local branch of DP global in the UAE. Sponsored and anchored by the government, NIIF is an alternative investment fund. Both HIPL and HPPL offer services for container terminals. The agency stated in a second tweet that it had approved the Megha Engineering and Infrastructures Ltd (MEIL) group's purchase of Lanco Anpara Power Ltd's (LAPL) whole equity investment. While MEIL is active in engineering, procurement, and construction in numerous industries, LAPL is concerned in the production of thermal power.

Infrastructure Transport

01 Sep 2025

Rs 2.82 Billion Approved for NH-48 Flyovers, Footbridges

Gurugram’s section of National Highway 48 is set for a significant infrastructure upgrade, with the Central Government approving Rs 2.82 billion for the construction of four flyovers and nine foot overbridges along the Gurgaon–Kotputli–Jaipur corridor. This initiative aims to ease congestion, improve commuter safety, and boost regional connectivity, according to officials.The planned flyovers will be built at Panchgaon Chowk, Rathiwas, near the Hero Company, and Sahlawas. The nine foot overbridges will be constructed at Shikhopur, Manesar, Binola, Rathiwas, Malpura, Jaisinghpurkhera, Sid..

VSL Wins Rs 810-Cr O&M Deal for 810 MWp NGEL Solar Assets

VSL Renewable Services has secured a Rs 810 crore operation and maintenance (O&M) contract for 810 MWp of NTPC Green Energy’s (NGEL) solar power projects spread across Andhra Pradesh, Madhya Pradesh, and Rajasthan. The contract duration is 36 months.The tender, issued in January 2025, was divided into two lots: Lot 1 for 1,054 MWp and Lot 2 for 810 MWp. VSL emerged as the lowest bidder in both categories, but was awarded only Lot 2 in accordance with NTPC’s tender guidelines.Advanced Monitoring and Tailored StrategiesThe O&M scope will employ artificial intelligence and Internet of..

AP Issues Bid for Rs 34.9 Billion Battery Storage Project

The Transmission Corporation of Andhra Pradesh (APTRANSCO) has invited bids for the development of 1,000 MW/2,000 MWh battery energy storage systems (BESS) across seven substations in the state. The project, with an estimated viability gap funding of up to Rs 34.9 billion, will be executed under a build, own, and operate (BOO) model through tariff-based competitive bidding.Bid Timeline and StructureBids must be submitted by 29 September 2025 and will be opened on 6 October. The VGF support per project is capped at Rs 1.8 million per MWh and will be released in three instalments—20 per cent u..