The Rural Electrification Corporation (REC) has signed a loan agreement with Tamil Nadu’s power generation and transmission utilities for financial assistance worth Rs 68.9 billion. The agreements were signed with Tangenco and Tantransco for the […]
Reliance Industries Limited (RIL) is planning to raise $2.25 billion in a bid to replace its existing high-cost borrowings and to expand the services of its telecom unit, Reliance Jio Infocomm Limited (RJIL). RIL is […]
Tikona Digital has received funding of $171 million from the Overseas Private Investment Corporation (OPIC), a US-based government development finance agency. The funding, which is a commercial loan, has reportedly put to rest talks regarding […]
ReNew Power Ventures Private Limited has secured a long-term loan of $390 million from the Asian Development Bank (ADB). The funding will be undertaken by ADB and the Leading Asia’s Private Sector Infrastructure Fund, administered […]
The Ministry of Urban Development (MoUD) has approved Rs 42.12 billion for projects being implemented in seven states under the Atal Mission for Rejuvenation and Urban Transformation. The funds have been approved for the next […]
The European Investment Bank and the Asian Infrastructure Investment Bank have sanctioned Rs 36 billion for Phase II of the Bengaluru metro project. The estimated total cost of the 72.1 km project is Rs 264.05 […]
The World Bank has sanctioned funds to the tune of Rs 13.76 billion for a transmission project in Tripura. The project will be implemented in five phases and involves increasing voltage levels of existing substations […]
A 1999 batch officer of the Indian Railway Service of Engineers, Mohit Lila has been director, works, Railway Board, since January 2014. He has vast experience in planning and executing railway projects, and maintaining railway […]
A chartered accountant with an all-India rank, Varun Mehta is currently chief financial officer of Sadbhav Infrastructure Project Limited (SIPL), a position he has held since October 2014. At SIPL, Mehta’s primary role is to […]
Vikram Gupta has been associated with Essar Shipping Limited in various capacities for his entire career so far, beginning as a management trainee after an MBA from Mumbai University. He is currently chief financial officer […]
After working across several infrastructure sectors, I realised that power is by far the most exciting and challenging,” says Anoop Seth, deputy managing director, IL&FS Energy Development Company. “It has the most complexities and the […]
Passionate about water management and sustainability, Sushil Sethi Jain has been working in the water and wastewater segments for over three decades. In his current capacity as managing director, SPML Infra Limited, Sethi has been […]
India is among the most preferred investment destinations within Asia due to its high growth potential. So far, foreign portfolio investor (FPI)/ foreign institutional investor (FII) participation has been consistent over the years. However, according […]
Maritime logistics has been an important component of the Indian economy, accounting for 90 per cent of the export-import trade by volume and 72 per cent by value. However, ports in the country have been […]
Bulk and container cargo traffic at Indian ports is steadily increasing. To meet the growing volumes, capacity augmentation projects have been planned at a number of ports. The launch of the Sagarmala programme has provided […]
Evacuation is one of the biggest challenges faced by Indian ports today. While major ports typically have double-line connectivity, the routes to major destinations are congested. For non-major ports, some such as Pipavav, Dahej, Mundra, […]
India ranked 130 (out of 189 countries) in 2016 on the ease of doing business parameter, according to the World Bank’s Doing Business Report 2017, moving up four places from the adjusted ranking of 134 […]
Private participation in the port sector has increased significantly over the years. However, there are several issues that need to be addressed to sustain private interest in the sector. A major area of concern for […]
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