Ezine Archive
December Issue 2019
December Issue 2019
Year: 2019
Gas in India
Favourable Developments: E&P investments and technology penetration to propel sector growth
The past few years have been quite eventful for the gas sector. They were marked by the government’s decision to grant marketing and pricing freedom to all new gas discoveries, the field development plans of […]
Sector Focus
Revival in Sight
The Indian economy is going through a period of decelerated growth. The GDP growth rate slid to 4.5 per cent in the second quarter of 2019-20, the lowest since 2013-14. This is also the sixth […]
Special Section
Smartening Cities: Trends and outlook in the segment
The Smart Cities Mission (SCM), one of the most ambitious government programmes for urban renewal and transformation, was envisaged to be implemented through the bottom-up approach instead of the top-down approach followed for most government […]
Gas in India
Views of S.P. Garg: “The PNGRB has played a key role in reviving growth in the downstream segment”
The past couple of years have proved to be quite eventful for India’s natural gas sector. The sector regulator, the Petroleum and Natural Gas Regulatory Board (PNGRB), has played a key role in reviving growth […]
Sector Focus
Strategic Moves: Government betting on disinvestment and asset monetisation for revenue mobilization
As per the Economic Survey 2018-19, India needs to spend 7-8 per cent of its GDP on infrastructure annually that translates into an annual infrastructure investment of $200 billion. However, the country’s annual infrastructure spend […]
Special Section
Views of Dr Arvind Varshney: “The pace of implementation has improved significantly”
Launched in June 2015, the Smart Cities Mission (SCM) aims to provide core infrastructure in Indian cities and ensure a decent quality of life to citizens through the deployment of smart solutions. One of the […]
Gas in India
Accelerating Activity: Significant uptick in E&P expected with new blocks on award
India, the third highest energy consumer in the world, relies on imports for meeting about 50 per cent of its natural gas requirements. However, such heavy reliance on imports renders the economy vulnerable to volatility […]
Sector Focus
Banking Conundrum: Infrastructure credit uptick amidst slow stressed assets resolution
The infrastructure sector has started receiving due attention from commercial banks once again after a prolonged period of credit deceleration. Although lending from this important source is not at the required level, it is nevertheless […]
Special Section
Progress on the Ground: Experience in select smart cities
The Smart Cities Mission (SCM) has been at the centre of the government’s urban rejuvenation agenda. While progress has been made, it has been patchy. At a recent confer- ence organised by India Infrastructure on […]
Press Release
CASE India becomes a full liner with launch of CX220C excavator
CASE Construction Equipment, a brand of CNH Industrial, has added crawler excavator CX220C to its product portfolio. The excavator was launched at the 10th edition of the International Construction Equipment and Construction Technology Trade Fair […]
Gas in India
Views of Nitin Patil: “Improvements in the CGD ecosystem have sped up activities in the segment”
The city gas distribution (CGD) segment has taken significant strides in the past few years. Proactive efforts are being made to expand gas demand across the domestic, commercial, industrial and transport sectors. One of the […]
Mergers & Acquisitions
Singapore’s Sembcorp to buy out Gayatri Projects‘ stake in Sembcorp Energy India
Sembcorp Industries Limited, a Singapore-based utilities and marine group, has agreed to acquire the stake it does not own in Sembcorp Energy India Limited from Gayatri Energy Ventures. The Singapore company will become the sole […]
Editorial
December 2019
There have been some green shoots of hope for infrastructure financing in the past year, despite the downbeat sentiment due to a decelerating economy. However, new problems have also surfaced. On the plus side of […]
Miscellaneous
NCLT orders insolvency process at Air Costa
The National Company Law Tribunal (NCLT) has ordered the commencement of the corporate insolvency resolution process for the grounded South Indian low-cost air carrier Air Costa. The airline is the second private airline after Jet […]
Mergers & Acquisitions
Bharti Airtel submits conditional bids worth Rs 95 billion for RCOM’s assets
Bharti Airtel has submitted conditional bids worth Rs 95 billion for Reliance Communications’ (RCOM) telecom assets that include spectrum, mobile towers and optic fibre. VFSI Holdings Pte Limited and UV Asset Reconstruction Company Limited have […]
Mergers & Acquisitions
Renascent Power completes 75 per cent stake acquisition in Prayagraj Power
Renascent Power Ventures Private Limited has completed the acquisition of a 75 per cent stake in Prayagraj Power Generation Company Limited (PPGCL). Renascent Power will also take over Rs 60 billion of debt of the […]
Mergers & Acquisitions
Allcargo Logistics to acquire controlling stake in Gati for Rs 4.16 billion
Allcargo Logistics Limited has agreed to acquire a controlling stake in express logistics company Gati Limited for as much as Rs 4.16 billion ($58.4 million). Allcargo has inked pacts to acquire a 19.43 per cent […]
Mergers & Acquisitions
Cube Highways declared highest bidder for TOT Bundle III
Cube Highways and Infrastructure Pte Limited has emerged as the highest bidder for the toll-operate-transfer (TOT) Bundle III of highway projects auctioned by NHAI. The bid amount quoted by the company stands at Rs 50.11 […]
Mergers & Acquisitions
Government to sell BPCL, Shipping Corporation and others in privatisation drive
The government has agreed to sell stakes in five state-run companies, to meet its disinvestment target for 2019-20. It has approved the sale of a majority stake in Bharat Petroleum Corporation Limited (BPCL) and sale […]