Moneycontrol PRO
HomeNewsAjrinfratolling
Jump to
  • Stake sale to Brookfield to make us cash surplus: Gammon

    KK Mohanty, managing director, Gammon Infra says the company currently has a debt of Rs 4,000 crore. However, he hopes to be cash surplus post the 9 assets' stake sale to Brookfield.

  • Examining options to recover Gammon Infra dues: Canara Bk

    The bank has lent close to Rs 2000 crore to the infra company.

  • Require Rs 150 cr for stalled project from govt: Gammon

    Kishor Kumar Mohanty, Managing Director (MD) of Gammon Infra said the move is a positive one as it will help in reducing halted projects and add to revenue in long run.

  • Stake sale will help pare debt by Rs 1718cr: Gammon Infra

    Gammon Infra Managing Director KK Mohanty expects to get the capital from the deal in the next 30-45 days, adding that the company is currently awaiting shareholders approval for divesting the assets, he adds.

  • Smart cities need more funds, longer timeline: Infra sector

    Speaking to CNBC-TV18, YD Murthy, Executive Vice President-Finance, NCC Limited says that he is confident of getting substantial orders for the smart city project and is looking forward to the new capital city of Amravati.

  • See around Rs 150 cr rev from Indira Terminal: Gammon Infra

    The traffic growth of Indira Container terminal is likely to be around 15 percent, said KK Mohanty, MD, Gammon Infrastructure.

  • Expect Rs 400-450 cr EBITDA increase in FY16: Gammon Infra

    KK Mohanty, MD of Gammon Infrastructure said 50 percent of the company's total debt is in operational projects. However, servicing the same is not a big challenge.

  • Talking to bankers, MPT to restructure port project: Gammon

    In an interview with CNBC-TV18‘s Ekta Batra and Anuj Singhal, KK Mohanty, Managing Director, Gammon Infrastructure, discussed state of the infrastructure sector and the company‘s own projects.

  • Gammon to buy Sadbhav's 20% in Mum-Nasik E-way for Rs 72 cr

    Discussing the details of the deal, Kishor Kumar Mohanty, MD, Gammon Infrastructure, said it makes an investment sense for both parties as Sadbhav was a minority stakeholder.

  • To benefit by Rs 100 cr post rate cut by RBI: Gammon Infra

    MD KK Mohanty said the cost of funds is a critical aspect to make industry globally competitive. The company is on the verge of completing three projects and has operational assets worth Rs 2,500 crore.

  • 5:25 scheme a key positive step for infra cos: Gammon

    KK Mohanty believes the scheme will be more effective at lower interest rates.

  • Most roads projects have lost viability: Gammon Infra

    Because of the negative economic environment, it will be difficult for banks to fund the large ticket infrastructure projects.

  • No revival till 2014 polls; rate hike to hit infra: Gammon

    Gammon Infra feels that the infrastructure sector may see no recovery till 2014 polls as there will be political indecisions and lack of stability. The PPP projects may also see a rise in debts in case banks decided to pass on rate hikes to the customers.

  • Land Bill to hike proj costs; Q2 to be flat: Gammon Infra

    In an interview to CNBC-TV18, Kishor Kumar Mohanty, MD, Gammon Infrastructure projects speaks about the Land Acquisition Bill and why it needs to be implemented properly.

  • New exit norms good for viable projects: Gammon Infra

    Parag Parikh, ED & CFO of Gammon Infra believes that the new exit norms are a welcome move by CCEA. He told CNBC-TV18 that it is not a solution for projects, which are not viable fundamentally. However, substitution is open for all viable commissioned projects, he added.

  • Expect to cross Rs 1000 cr topline for FY14: Gammon Infra

    While commenting on the future of his company, KK Mohanty of Gammon Infrastructure said, "We are intending to put three more projects into operation. We will be completing Godavari Bridge, Patna-Hajipur Highway and one of the power project or port projects". These projects will be completed from quarter three onwards.

  • Gammon Infra gets financial closure for five road projects

    Gammon Infrastructure Projects has received financial closures for five road projects spread across different states. The company received a total grant of over Rs 1,000 crore for these projects.

  • Project execution raised debt, may refinance: Gammon Infra

    In an interview to CNBC-TV18, Parag Parikh, ED & CFO, Gammon Infrastructure spoke about the new projects of the company and how their execution has increased the debt levels.

  • Expect traffic to rise on Siddhi-Singrauli belt: Gammon

    Gammon Infrastructure bagged order worth Rs 871 crore for four laning of Sidhi - Singrauli stretch from Madhya Pradesh Road Development Corporation on BOT basis.

  • Infra cos say CRR cut ensures easy access to bank funds

    Infrastructure company heads tell CNBC-TV18 that the biggest beneft of RBI’s decision to cut CRR will be far easier access to banking funds.

  • 5 projects start generating revenues in FY13: Gammon Infra

    Five of our assets, four of road and one of port, will start generating revenues over the next five quarters, says Parag Parikh, chief financial officer of Gammon Infrastructure.

  • Gammon Infra to be zero debt company post rights issue

    In May this year, Gammon Infrastructure had announced plans to raise close to Rs 200 crore from a rights issue. Chief financial officer of the company, Parag Parikh tells CNBC-TV18 that they plan to completely retire the debt of the company through this issue.

  • Will the land bill be a pain to Infra cos? Experts debate

    Parag Parikh, director and chief financial officer of Gammon Infrastructure and Arun Maira, member of the Planning Commission join CNBC-TV18 to debate the new Land Acquisition and Rehabilitation Bill.

  • Mumbai-Nashik proj is key toll revenue maker: Gammon Infra

    Gammon Infra expects average toll collections from Mumbai-Nashik toll road from Rs 16.75 lakhs a day to over Rs 30 lakhs a day.

  • 100 projects to be dished out by NHAI over 1 year

    The infrastructure space is in the news today with talk about new orders being handed out by NHAI this week. The projects are valued at more than Rs 3,500 crore, says Parag Parikh, CFO, Gammon Infrastructure.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347