siemens project ventures

GVK Power & Infrastructure has acquired an additional 14% stake in Bangalore International Airport, taking its total shareholding to 43% and making it the largest shareholder in the consortium the runs the airport.

BANGALORE: Meeting CM Krishna's June 30 deadline, the Karnataka cabinet on Monday decided that the government will negotiate with the Siemens Ventures-Zurich Airport-L&T consortium as joint-venture partner for the development of the Bangalore International Airport at Devanahalli.

BANGALORE: The Siemens Ventures led consortium, preferred as the joint-venture partner for the Bangalore International Airport at Devanahalli will be asked to further reduce the airport costs and state support, as well as expedite construction.

The Pune Metropolitan Region Development Authority (PMRDA) on Saturday signed the formal concession agreement with the consortium of Tril Urban Transport (a subsidiary of Tata Realty and Infrastructure Limited) and siemens project ventures for the third Pune Metro line (Hinjawadi-Shivajinagar) project.

NEW DELHI: The ambitious international airport project with private participation, to be set up at Devanhalli, Bangalore, has hit a roadblock. The selected bidder Siemens AG of Germany has asked for several sops from the government before kickstarting the project, sources told The Times of India.

MUMBAI: Siemens AG on Wednesday announced that it would invest $500 million in Siemens India within the next three to five years.

The central and state government departments are expected to transfer land for the 23.3km proposed third Metro line from Hinjewadi-Shivajinagar by the first fortnight of January 2020.

The railway projects at Kanchrapara and Dankuni are on track. The railway ministry has shortlisted eight companies for the Kanchrapara project after a global request for qualification.

Siemens Energy India's stock surged to its upper limit upon listing, with experts predicting up to 30% gains driven by India's power infrastructure investments. Brokerages like Jefferies anticipate significant EPS CAGR, supported by T&D projects and efficiency.

The Bangalore Airport Rail Link Ltd, a special purpose vehicle created by the government to see its implementation, will kickstart the project with land acquisition this month.

New Delhi, Jun 13 () Siemens today said it has won an order worth about Rs 78 crore from Power Grid Corp (PGCIL) for setting up a transmission system in Bhuj.

New Delhi, May 2 () The Railways will invite bids this month from top foreign and domestic vendors for a Rs 20,000 crore joint venture project to manufacture around 5,000 electric coaches that will have modern facilities and run faster than existing ones.

Fearing massive public outcry, the government has asked the private players developing new airports not to make flying out of them prohibitively expensive.

With the process for land notification for the High Speed Rail Link (HSRL) picking up pace, a portion of the Golf Course has been marked to pave way for the project. The Golf Course had earlier lost some of its land for road widening.

Siemens has emerged as the lowest bidder for the communication-based train control system (CBTC) for the Joka-Esplanade Purple Line (or Line 3) and New Garia-Airport Orange Line (or Line 6) Metro corridors.

To ensure transparency and speed up implementation of programmes, the government has decided to digitize its decisions and host them on the web. The cabinet's decision will help citizens and officials access government orders, notifications and circulars on the net.

AHMEDABAD: The 655 MW gas and naptha fired Paguthan power project is again changing hands. Hong Kong-based CLP Power International (CLP-PI), better known as China Light and Power on Thursday announced that it was acquiring a controlling interest in the plant located in the Bharuch district of Gujarat from PowerGen which presently owns it.

The state government has shunned opposition to the High Speed Rail Link (HSRL) to Bangalore International Airport (BIA), and given the green signal.