Massive new opportunities are opening up for building roads, bridges and other infrastructure facilities for UK businesses in India, UK-India Business Council(UKIBC) Chairperson Patricia Hewitt said. Also Read Related Stories News Now - NHAI against staff inclusion in cadre - India changing road sector investment norms: Nath - Govt to invite bids for three mega road projects - Govt to invite bids for three mega road projects by yr-end - India Inc to hard-sell itself to the EU - Rs 19k-cr highway projects to be awarded soon Also Read Related Stories News Now - Sensex up 59pts in early trades - Higher levy fails to sweeten sugar stocks - SAIL advances on expansion plan - M&M up 2% on US entry plans - PM, Sonia pay homage to YSR More "From consultancy and legal expertise to building and operating Indian roads and other projects, the UK has world-class expertise. UKIBC will bring British businesses together to ensure that we assist in meeting India's infrastructure needs," she said. Join discussion...

Large scale improvisation and expansion in the Indian airport infrastructure market coupled with active government support for private participants, particularly in Greenfield projects, has enabled the sector to take huge strides forward. Observations indicate that long term prospects for both private participants and the country look promising. Join discussion...

This first week of February just started in India and there are several topics in the public private partnerships industry that are raising some questions, doubts and comments. Join discussion...

Infrastructure Leasing & Financial Services (IL&FS), one of India's leading infrastructure development and finance companies, Monday opened a London office to tap European channels of financing. Join discussion...

The government has decided to revise upwards cost estimates of 60 highway projects worth Rs 70,000 crore by up to 20%, which will help road developers borrow more funds and boost road building activity across the country. Join discussion...

Indira Container Terminal Pvt. the special purpose vehicle incorporated by Gammon Infrastructure (Q, N,C,F)* Projects has achieved the `financial closure` for developing the Mumbai offshore container terminal project with a consortium of bankers for an aggregate amount not exceeding Rs 8125.30 million. Join discussion...

Fitch Ratings today affirmed National Highways Authority of India`s (Q, N,C,F)* (NHAI`s) National Long-term issuer rating at AAA(ind) and affirmed the National rating at AAA(ind) on its Rs 80 billion long term debt programme under which it has issued bonds of Rs 15 billion and Rs 3.07 billion in FY07 and FY08, respectively, and floated an issue of Rs 37 billion in FY09 (out of which Rs 1.2 billion have been raised till August 2008) - all the three series are also rated AAA(ind). The outlook is stable. Join discussion...

About a fortnight ago, the last date for receiving bids for the Tilaiya ultra mega power project in Jharkhand was deferred by the Power Finance Corporation. This large 4,000 mw coal-based project — costing Rs 16,000-18,000 crore — is already running behind the original schedule as per which it should have been handed over to a private sector company, selected through international competitive bidding, over a year ago. The latest deferment, limited to one month as of now, was on the request of prospective bidders like Tata Power, who cited the credit crisis and sought additional time to make a bid. Join discussion...

New Delhi: The Union government is considering a proposal to subsidize loans for infrastructure projects offered through public bids, by effectively capping interest rates and absorbing the cost of higher rates in its own books. Join discussion...

Fitch Ratings has today affirmed National Highways Authority of India's (NHAI) National Long-term issuer rating at 'AAA(ind)' and affirmed the National rating at 'AAA(ind)' on its INR80bn long term debt programme under which it has issued bonds of INR15bn and INR3.07bn in FY07 and FY08, respectively, and floated an issue of INR37bn in FY09 (out of which INR1.2bn have been raised till August 2008) - all the three series are also rated 'AAA(ind)'. The Outlook is Stable. Join discussion...