Jaypee Group to bid for Federa airport's infra projects

Mumbai/Ahmedabad: As Jaypee Infratech Limited(JIL), part of the Rs 7000 crore Jaypee Group plans to hit the markets with an initial public offering(IPO) to part fund its Rs 9739 crore Yamuna Expressway and integrated township project, Jaiprakash Associates Ltd(JAL), another group company, is all set to expand its presence in Gujarat.
"Around Rs 80 crore worth infrastructure tenders are to be released for the proposed international airport at Federa coming up near Navagam village near Dholera special investment region (SIR). We are interested in entering the bidding", said Manoj Gaur, executive chairman at JAL. He declined to give out further details.
27/04/10 Business Standard

To Read the News in full at Source, Click the Headline

Categories: Airports Apr 2010, New Apr 2010