| Soma in News |
| Here, we provide selected reports that have recently appeared in the media about our Company. These Media reports are provided to give a different perspective on the Company's activities…. |
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NHAI awards five road projects |
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Economic Times - Delhi. |
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11-01-08. |
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Centre has decided to award five major road projects of Rs 6,000 crore to infrastructure companies including L&T, IDFC, Soma Infrastructure, Emirates Trading Agency and KMC Construction. The move will give a boost to the six-laning projects under the National Highways Development Project (NHDP-IV) .... read more |
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Private equity cos betting big on road sector |
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Economic Times - Mumbai. |
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11-01-08 |
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Backed by a buoyant economy growing at more than 8%, investors are chasing highway projects, which promise huge return in the medium and long term. Private equity players such as 3i, ICICI Venture, IDFC and Blackstone are betting big on road sector and plan to either directly partner developers by jointly bidding for the highway projects or pick up stake in the infrastructure firms. PE firm 3i recently took a minority stake in Hyderabad-based engineering and construction company Soma Infrastructure for $101 million. Soma has an order book of more than $1.6 billion and is undertaking various highway projects on build, operate and transfer (BOT) toll basis. With the government planning to allow PE players in the road projects at the time of bidding itself, more companies are likely to infuse fund in the highway projects. Moreover, government is also looking at offering road side land development rights to the developers, making the segment more attractive. .... read more |
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Soma to focus on BOT projects |
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Mint - Delhi |
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26-12-2007. |
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After wrapping up a Rs. 400 crore stake sale to the India arm of 3i Group Plc., a London based private equity firm, Soma Enterprise Ltd plans to focus more on its infrastructure development business....read more |
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Pimpagaon-Dhule Project |
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Asia Spa |
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Date: 17-11-2006 |
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Soma Enterprises Ltd has announced that it has achieved the financial closure on the Rs. 606.04 crores Pimpagaon-Dhule Project in Maharashtra.....
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Road Bonanza |
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Project monitor |
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Date: 09-10-2006 |
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The cabinet committee on economic affairs last week approved six lining 6500km of national highway at an investment of Rs 41210 crore.
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Home is where the buck is for construction firms. |
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Economic Times |
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Date: 02-10-2006 |
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Infrastructure developers like Gammon India Hindustan Construction Company, Simplex and Soma Enterprise are foraying into housing development Gammon India which has been involved in building roads now wants to venture into real estate sector
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Maddur Mysore state highway project |
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Telegraph |
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Date: 10-09-2006 |
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Soma Enterprise Ltd. has completed a Rs. 116.2 crore Maddur Mysore state highway project. The road links Bangalore to Mysore. Soma had received the contract from Karnataka Road Development corporation Ltd
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Cos pay NHAI to build roads |
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Economic Times |
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Date:16-03-2006 |
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Bitumen tar and concrete – prime ingredients for building roads and high ways are now the latest flavour of the private investment community.
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