National Central Cooling Company PJSC (Tabreed), 40%-owned by Engie, has been awarded a contract to build, own, operate and transfer a district cooling (DC) system in Amaravati – the future capital of Andhra Pradesh, India.
Tabreed has signed a 30-year concession with Andhra Pradesh Capital Region Development Authority (APCRDA) for a total capacity of 20,000 refrigeration tons over an area of 1 km² for government buildings, including the State’s Assembly, High Court and the Secretariat.
The Amaravati district cooling project is not only Tabreed’s first success outside the Gulf region, but also the first DC project to be developed through a public-private partnership in India.
Country updates
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February 21, 2019
Seven bids for airport privatization in Gujarat
Airports Authorities of India (AAI) has received bids from seven bidders for privatization of Sardar Vallabhbhai Patel International (SVPI) Airport in Gujarat. The AAI will now proceed with the evalua...
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February 21, 2019
Three bids submitted for GVK's stake in Mumbai Airport
Spanish company Ferrovial, sovereign wealth fund Abu Dhabi Investment Authority (ADIA) and Canadian pension fund PSP Investments have submitted their bids for the stake of GVK in Mumbai Inte...
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February 08, 2019
Navayuga Group starts construction of Machilipatnam port in Andhra Pradesh
The project developer of the Machilipatnam port, Navayuga Group, has commenced the construction of the facility in the State of Andhra Pradesh in India. The INR15.9 billion (US222.72 million) w...
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February 08, 2019
Cube Highways signs agreement to acquire highway concession in Tamil Nadu
Cube Highways and Infrastructure has announced that it has signed an agreement with KNR Constructions Limited and KNR Srirangam Infra Pvt. Ltd. to acquire a new highway project in India. Following the...
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January 30, 2019
Three bidders for GIP's Indian road platform
Global Infrastructure Partners (GIP) is reportedly in talks with three potential buyers of Highway Concessions One Pvt. Ltd (HC1), a platform of seven Indian road assets. Following the launch of the...
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