Dilip Buildcon has incorporated a special purpose vehicle (SPV) for Dhrol Bhadra Highways, a wholly-owned subsidiary of the company. The SPV is for the Expansion of the NH-151 highway PPP project in Gujarat, India. It includes widening of two sections connecting Dhrol to Bhadra Patiya and Bhadra Patiya to Pipaliya of the highway.
The project is expected to attract an investment of INR8.82 billion (US$121.47 million).
Country updates
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March 29, 2021
Power Grid signs agreement for acquisition of 74% stake in Jaypee Powergrid Ltd
Power Grid Corp. India Ltd (PGCIL) has signed a Share Purchase Agreement to acquire 74 % from Jaiprakash Power Ventures Limited (JPVL) in Jaypee Powergrid Ltd (JPL). JPL owns and operates a...
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March 25, 2021
Contract awarded for toll operate transfer road PPP project in Gujarat
Adani Road Transport, a wholly-owned subsidiary of Adani Group, has received a letter of acceptance for the toll operate transfer road project in Gujarat from the National Highways Authority of India....
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March 16, 2021
High Court suspends electricity distribution privatization in Gujarat
The Bombay High Court has suspended the tendering process until April 30, 2021, for the privatization of electricity distribution lines located in union territories of Gujarat namely Dadra Nagar Havel...
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March 02, 2021
Bidder selected for electricity distribution line privatization in India
Torrent Power Limited has emerged as the preferred bidder for the privatization of power distribution lines located in union territories of Gujarat namely Dadra Nagar Haveli, Daman, and Diu. Torrent P...
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February 27, 2021
Power Grid to acquire 74% stake in Jaypee Powergrid Ltd
Power Grid Corporation has announced to acquire 74 % stake in Jaypee Powergrid Ltd (JPL) from its joint venture partner Jaiprakash Power Ventures Ltd. Jaypee Powergrid Ltd (JPL) is an incor...
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