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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Country news
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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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November 07, 2017
RFQ for Bangladeshi road PPP
The government of Bangladesh under the Ministry of Housing & Public Works has released a Request for Qualifications (RFQ) seeking interested firms to undertake the development of Flyover from Shantinagar to Dhaka-Mawa Road through Public Private Partnership.
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October 30, 2017
GVK receives Letter of Award for the US$2.3B Navi Mumbai airport PPP
As we reported in February 2017, MIAL was declared the winning bidder for the greenfield airport that will be built in a Public Private Partnership (PPP) mode with CIDCO. MIAL will hold a 74 per cent stake while the remaining 26 per cent will be with CIDCO. Read more
