| SPV formed for Lanjigarh area development | 17-OCT-09 |
|
| As suggested by the Supreme Court of India, a Special Purpose Vehicle (SPV) named as Lanjigarh Project Area Development Foundation (LPADF), has been formed with the Orissa government, Sterlite Industries India Ltd (SIIL) and Orissa Mining Corporation (OMC) as stakeholders. It will initiate programmes for uplift of Kutia Kondh and Dongria Kondh community on priority basis. |
|
|
|
|
|
|
|
|
|
|
|
|
| RIL sells 10.5 mn equity shares | 17-SEP-09 |
|
| Reliance Industries (RIL) held Petroleum Trust has sold 10.5 million equity shares of the company today. Reliance Industrial Investments and Holdings, a wholly owned subsidiary of RIL, is the sole beneficiary of the Trust. |
|
|
|
| Raw material bank set up for cashew units | 16-SEP-09 |
|
| Jagannath Cashew Cluster Private Limited, a special purpose vehicle (SPV) formed by several members of the Ganjam cashew cluster has set up a Raw Material Bank (RMB) with cold storage facilities near the cluster area at Rambha in Ganjam district. |
|
|
|
| Govt proposes easier terms for road projects | 24-AUG-09 |
|
| The government plans to ease several conditions in the model concession agreement (MCA) for highway projects to address key complaints from construction companies and attract more bidders. |
|
|
|
| Bengal lags in JNNURM fund utilisation | 18-AUG-09 |
|
| The West Bengal government has failed to fully utilise funds under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) due to inability to raise finances on its own, according to Saugata Roy, Union minister of state, department of urban development. |
|
|
|
| DLF to raise Rs 700 cr for Metro project | 12-AUG-09 |
|
| DLF will be raising Rs 700 crore for an entirely privately financed metro rail project, which would benefit the residents of Gurgaon, including townships and business centres established by DLF. |
|
|
|
| SPV for hydrocarbon exploration on cards | 12-AUG-09 |
|
| Chief minister YS Rajasekhara Reddy has asked the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) to form a special purpose vehicle (SPV) for exploration and exploitation of hydrocarbon resources in the state. |
|
|
|
| GERC proposes Rs 14 per unit for solar PV projects | 28-JUL-09 |
|
| After raising tariff for procurement of power generated from wind energy sources, Gujarat Electricity Regulatory Commission (GERC) has now proposed a tariff of Rs. 14 per unit and Rs. 10 per unit for power generated from solar photovoltaic (PV) and thermal power projects respectively. |
|
|
|
| Satyam board meet tomorrow to discuss TechM proposal | 09-JUL-09 |
|
| The Board of Mahindra Satyam will meet on July 10 to clear the proposal of Tech Mahindra seeking a second round of preferential share allotment to hike its stake in the newly acquired company to about 43 per cent after an open offer evoked a weak response. |
|
|
|
| PPT signs pact for iron ore terminal | 02-JUL-09 |
|
| The concession agreement for the construction of a deep drought iron ore terminal at Paradip port was signed between Blue Water Iron Ore Terminal Pvt Ltd and Paradip Port Trust (PPT) at New Delhi today. Blue Water Iron Ore Terminal Pvt Ltd is a special purpose vehicle (SPV) formed by a consortium comprising of MMTC, Noble group and Gammon Infrastructure Projects Ltd. |
|
|
|
|
|
|
| GMR Infra to invest Rs 2k cr in road biz | 03-JUN-09 |
|
| GMR Highways, the road construction division of Bangalore-based infrastructure major GMR Infrastructure Ltd, is looking at an investment of Rs 2,000 crore in the next two-three years to develop various road projects in the country. The company, which is bidding for 16 road projects worth Rs 10,000 crore this year from the National Highways Authority of India (NHAI) under the public-private-partnership (PPP) model, intends to invest the money in the form of equity to set up special purpose vehicles (SPVs) to execute new road projects. |
|
|
|
Content Guide
