National Highways Authority of India (NHAI) has signed the concession agreement with Ashoka concessions for the four laning of NH-161 section from Kandi to Ramsanpalle project. The project consists of 39.98 km of stretch. NH-161 has total length of 430 km which connects states of Telangana and Maharastra.
The project will be procured on Hybrid Annuity model (HAM). The project will focus on boosting connectivity for rural and far-off areas of the country.
Country updates
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January 07, 2020
Airports Authority of India appoints PwC as transaction advisor for airports' privatization
The state-run Airports Authority of India (AAI) has appointed PwC as a transaction advisor and will lead in the privatization of airport facilities on the public-private partnership (PPP) ba...
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January 07, 2020
Adani Ports and SEZ Ltd to acquire controlling stake in Krishnapatnam Port Company Ltd
Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest port developer, operator and the logistics arm of the Adani Group will be acquiring a controlling stake of 75% from the exi...
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December 27, 2019
CMA CGM signs agreement for selling stake in 10 Port terminals with China Merchants Port
The CMA CGM Group has announced that it has signed an agreement with China Merchants Port (CMP) to sell a portfolio of stakes in ten port terminals to Terminal Link, their joint-venture set up in 2013...
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December 24, 2019
Brookfield Infrastructure to acquire telecom towers in India from Reliance Industries
Brookfield Infrastructure Partners, alongside its institutional partners, has announced that it has entered into binding agreements to acquire a 100% stake in a telecom tower company in India&nbs...
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December 05, 2019
Winner selected for the largest airport in India
Flughafen Zürich AG was chosen as Selected Bidder for the concession to design, develop and operate the new Noida International Airport at Jewar in India.
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