• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Thiruvananthapuram , Jan. 7

THE Kerala State Industrial Development Corporation (KSIDC) has signed a memorandum of understanding (MoU) with UTI Bank for joint activities such as identification of new projects and project appraisal.

The MoU also covers infrastructure advisory services, restructuring advisory, issue management and related activities, bid process management, financial closure and due-diligence services for various clients.

Mr Mathew George, Assistant Vice-president of UTI Bank, said the bank had taken up a number of advisory services in the country, which include financial advisory for Bangalore Metro Rail Project and Sethusamudra Corporation Ltd. Besides, it has taken up project advisory and bid process management for development of National Highway projects through private sector participation.

KSIDC has been associated with a slew of major projects in Kerala such as BSES power project, Mattanchery bridge, initial work related to Kochi Metro Rail project and bid manager for the computerisation project of Local Self Government Department.

The MoU signed was signed by Mr. P.H. Kurien, Managing Director of KSIDC, and Mr M.M. Agrawal, President, UTI Bank.

More Stories on : Alliances & Joint Ventures

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Knowledge network, voting rights for overseas Indians soon: PM
Easy remittance facility, special insurance planned

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line