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Fund issues keep private firms away from UMPPs, Centre aborts bidding

Jan 08, 2015

Fund issues keep private firms away from UMPPs, Centre aborts bidding

The private firms, which had participated in the first round of bidding for two 4,000 MW each UMPP in Odisha and Tamil Nadu withdrew their bids citing difficulties in securing finances for these proposed projects. #Finance #Tamil Nadu #JSW Energy #NewsTracker #Adani Power #Odisha #Jindal Steel and Power #GMR Energy #Piyush Goyal #Ultra Mega Power Project #CLP India #Sterlite Energy
GMR consortium gets $525 mn loan for Philippines airport

Dec 22, 2014

GMR consortium gets $525 mn loan for Philippines airport

GMR Megawide Cebu Airport Corporation (GMCAC), a joint venture of GMR group and Manila-based Megawide Construction, has tied up the finances to the tune of nearly $525 million for Mactan Cebu International Airport contract in Philippines, the company said today. #GMR #philippines airport #GMR-Megawide #Megawide Construction #GMR Megawide Cebu Airport Corporation
Domestic terminal at Hyderabad airport named after TDP founder NTR

Nov 21, 2014

Domestic terminal at Hyderabad airport named after TDP founder NTR

The Union Civil Aviation Ministry on Thursday issued an order naming the domestic terminal at the Rajiv Gandhi International Airport (RGIA), Hyderabad, after NT Rama Rao, the founder of the Telugu Desam Party, the ruling party of Andhra Pradesh. #Politics #India #Hyderabad #GMR #Telugu Desam Party #NT Rama Rao #Begumpet
India lifts ban on A380, but global airlines unlikely to bite the bait now

Jan 27, 2014

India lifts ban on A380, but global airlines unlikely to bite the bait now

India today allowed operation of the world's largest aircraft, Airbus 380, at four of its airports but imposed several conditions before global airlines can fly in the big birds. But global airlines are unlikely to rush in. Till now, the Government has been resisting A380 landings into the country. #Aviation #DGCA #GMR #GVK #Singapore Airlines #Emirates #Air Service Agreement #Airbus 380
Maldives, GMR in talks for out of court settlement over scrapped airport project

Jan 02, 2014

Maldives, GMR in talks for out of court settlement over scrapped airport project

The GMR project worth over USD 500 million was scrapped unilaterally 14 months back by Maldivian government which was then headed by Mohamed Waheed after lot of political domestic pressure to do so. #Manmohan Singh #NewsTracker #Maldives #GMR #airport #Mohamed Waheed #Male #Abdulla Yameen