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Infrastructure | GMR Infrastructure unit buys Indonesian firm

Infrastructure | GMR Infrastructure unit buys Indonesian firm
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First Published: Wed, Feb 25 2009. 10 55 PM IST
Updated: Wed, Feb 25 2009. 10 55 PM IST
Mumbai: GMR Infrastructure Ltd said on Wednesday its unit GMR Energy, through its subsidiaries, has bought Indonesia’s PT Barasentosa Lestari.
The Indonesian firm holds a licence providing a 30-year mining authorization over two coal blocks in the country, GMR Infra said in a statement to the stock exchange.
Reuters
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Govt approves NHAI restructuring plan
New Delhi: The government on Wednesday approved the restructuring of National Highways Authority of India (NHAI), including constituting a search committee for the appointment of chairman for the highways regulator.
“Restructuring of NHAI has been approved by the government... empowering the NHAI to engage, where required, outside experts,” minister of state for road transport and highways K.H. Muiyappa said on Wednesday.
PTI
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First Published: Wed, Feb 25 2009. 10 55 PM IST