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GMR INFRATECH
Infra stocks rally on debt reductionSector not out of the woods yet, say analysts.- GVK, Lanco jump up to 4% on gas auction resultThe auction was to be followed by bidding held by the government on March 15, which was called off after bidders unexpectedly quoted zero s...
- Dabhol, GMR, GVK, Lanco secure gas under PSDF schemeThis auction will be finalised on the basis of e-bidding results by the EPMC and after that the successful bidders would be awarded gas.
- Adani Power, GMR Energy bid for all coal blocks reserved for power sectorIn all coal blocks reserved for power companies attracted 54 bids while those earmarked for steel and cement sectors received 124 bids.
- Adani Power to bid for all six coal blocks reserved for the power sector: SourcesMadhucon Group’s subsidiary, Simhapuri Energy, is expected to be a surprise bidder and may vie for all the coal blocks
- Uniparts India, PNC Infratech queue up for IPO amid bullish sentimentsLooking to tap upbeat investor sentiments, Uniparts India and PNC Infratech are the latest companies to file IPO papers with Sebi.
- Govt scraps bidding for Odisha UMPP; to call fresh bids in a monthThe government has scrapped bidding process of the 4,000-mw ultra mega power project at Bedhabahal in Odisha.
- EGoM meet on bidding norms inconclusive on power plantsPower companies will have to wait for some more time to bid for generating plants like ultra mega power projects.
- Banks agreed to restructure Abhijeet Group's loansLoan 'restructuring' means the company is seeking easier payment terms such as reduction in interest rates, longer payment periods and even...
- Infrastructure stocks rally as FM cuts withholding tax to 5%Shares of infra cos gained momentum as sentiment turned positive after the govt cut withholding taxes to 5% from 20%.
- Power purchase agreements term of gas-based projects may be slashedThe government is considering reducing the tenure of power purchase agreements (PPAs) for future gas-based projects by 10 years and reviewi...
- GMR Infrastructure's arm GMR Energy to acquire 30% stake in Indonesia's Sinar Mas Group company GEMSThe stake buy will help GMR purchase coal over the next 25 years, with the annual off-take quantity steadily increasing to 10 million tonne...
- Infra stocks on downtrend: Deepak MohoniGVK, Lanco and GMR are still making new lows for the year so the downtrend is still intact. They had moved up a bit last week but still nee...
- Lanco bags mine development project by placing negative bidLanco Infratech on Wednesday said it bagged a contract from Maha Tamil Colleries to develop a coal mine and an associated power project in ...
- NTPC, Tata Power, Lanco Infratech, GMR Energy are among 20 companies to bid for Orissa UMPPThe project was stuck for about 18 months for want of green clearance to attached coal mines.
- GMR, Lanco Infra seek clarity on RIL gas supply to new plantsBoth the companies are gearing up to commission their gas-based power plants, having a combined capacity of over 1,500 MW, by December.
- Positive on Lanco Infra and GMR Infra: Deepak MohoniIf you are trading short term looking for where are the moves happening in the last week or two, then Lanco is the preferred one.
- Lanco will take some time to get into uptrend: Deepak MohoniLanco has got still some more work to do. We need 2-3 things to happen here: one is a market revival, then the infrastructure picking up ag...
- Lanco in talks with Indonesian co to buy thermal coal unitInfrastructure company Lanco Infratech is in advance talks with Indonesian engineering, procurement and construction services provider PT T...
- Lanco in talks with Indonesian co to buy thermal coal unitInfrastructure company Lanco Infratech is in advance talks with Indonesian engineering, procurement and construction services provider PT T...
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