Malyasia Airport Holdings sells stake in Hyderabad Airport
Malaysia Airports Holdings Berhad (MAHB) Group has announced that it is selling its entire 11% stake in GMR Hyderabad International Airport Ltd (GHIAL), the company that operate Rajiv Gandhi International Airport in Telangana, India, to GMR Airports Ltd (GAL) for an amount of US$76.05 million.
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Country news
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January 25, 2018
300-bed hospital in Jharkland to be developed through PPP
Paras Healthcare, a leading healthcare provider in northern India, and Heavy Engineering Corporation (HEC), a public sector undertaking, have announced that they are going to develop a 300-bed super specialty hospital providing tertiary care services in the city of Ranchi, Jharkhand as a PPP project. The PPP contract was signed on 16 January 2018.
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January 16, 2018
Telangana state government appoints transaction advisors for India's first TOT road project
The government of the state of Telangana has appointed a consortium of LEA Associates South Asia Pvt Ltd (LASA) and CRISIL Risk & Infrastructure Solutions Ltd (CRISIL) to serve as transaction advisors for the Nehru Outer Ring Road in Hyderabad, the first toll, operate, transfer (TOT) project in India.
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January 11, 2018
US$2.5 billion concession agreement for Navi Mumbai International Airport signed
GVK Power and Infrastructure (GVK) has signed a concession agreement with the City and Industrial Development Corporation (CIDCO) of Maharashta to create a special purpose vehicle (SPV) for developing the Navi Mumbai International Airport (NMIA).
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January 02, 2018
Mitsubishi-led consortium acquires minority stake in Cube Highways
Japan Highways International (JHI), a Japanese consortium of infrastructure investors comprising Mitsubishi Corporation, East Nippon Expressway Company Limited (NEXCO East) and Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN), has signed definitive agreements with Cube Highways to acquire a 20% stake in the company.
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November 10, 2017
ADIA invests in Cube Highways in India
Cube Highways has announced the signing of definitive agreements for a minority stake sale to an entity that is ultimately wholly-owned by the Abu Dhabi Investment Authority (ADIA).
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