Adani Enterprise Ltd., a subsidiary of Adani Group, has received INR127.70 billion (US$1.69 billion) from the State Bank of India (SBI) to achieve financial close for the Navi Mumbai International Airport concession in India.
In 2021, Adani Group acquired Navi Mumbai International Airport and Mumbai International Airport from GVK Group.
Country updates
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March 22, 2022
Jaipur Metro Initiates Revision of Phase-II Construction Plan
Jaipur Metro Rail Corporation (JMRC) has revised the Phase II plan for the Jaipur Metro due to a conflict with the Jaipur Development Authority's (JDA's) signal-free project. The JMRC had proposed...
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March 02, 2022
IFC to support two solar PPPs in India
International Finance Corporation (IFC) will extend its support in the development of two solar parks located in the Indian states of Uttar Pradesh and Madhya Pradesh. IFC will help attract private in...
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February 18, 2022
India launches RFP for power transmission PPPs in Rajasthan
Power Finance Corporation Limited in India has launched a request for proposal (RFP) seeking a private partner for phase III of the renewable energy power transmission line in Rajasthan. The RFP inclu...
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February 17, 2022
Approval for USD2.79 billion Ring road PPP project in India
The state Cabinet of Karnataka has approved the 73.5 Km eight-lane Peripheral Ring Road project in Bengaluru.
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February 08, 2022
Contract awarded for sewage treatment plants PPP along Poisar River
Municipal Corporation of Greater Mumbai (MCGM) has awarded a Letter of Acceptance to Ashoka Buildcon Limited for the Sewage Treatment Plants PPP project in India. The company will be responsible for...
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