Bharat Petroleum Corporation Limited (BPCL) has raised $600 million by selling 10-year dollar bonds to investors in Asia and Europe. BPCL’s Singapore arm, BPRL International Singapore Private Limited, raised the money at 200 basis points […]
Idea Cellular is planning to raise Rs 10 billion by issuing corporate bonds. The bonds will offer an interest rate of 8.12 per cent with a tenor of seven years and are proposed to be […]
ReNew Power Ventures Private Limited has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bonds yielded 6 per cent, about 38 […]
REC has signed two agreements with power utilities in Karnataka for extending financial assistance of Rs 390 billion till March 2022. As per the agreement, Bangalore Electricity Supply Company Limited can avail of Rs 120 […]
The National Highways Authority of India (NHAI) has raised Rs 85 billion from the Life Insurance Corporation of India (LIC) for 30 years at an interest rate of 7.22 per cent per annum. The funds […]
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 […]
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