Ezine Archive
May Issue 2019
May Issue 2019
Month: May 2019
Company Release
Views of Ajay Aneja, Brand Leader, CASE India
Essentials for selecting appropriate equipment for road construction Road construction is one of the fastest paced construction sectors today. In this scenario, selection of ideal road construction equipment is of utmost importance. Some of the […]
Press Release
JK Tyre and Industries Ltd enters the Limca Book of Records with India’s Largest Off-the-Road Tyre
New Delhi, March 22, 2019: Leading tyre manufacturer and pioneers of radial technology in India, JK Tyre and Industries Limited, achieved a remarkable feat by entering the prestigious Limca Book of Records with the country’s […]
Power
Generation Review: Government initiates reforms to alleviate sector stress
The generation segment witnessed several policy reforms in the past year aimed at pulling it out of its stressed state. Progressive measures were announced by the government in the areas of hydro and coal. Renewables […]
Ports & Shipping
Smooth Sailing: Strong government support, but much remains to be done
Over the past few years, the port sector has undergone significant changes. There has been a surge in activity in terms of policies and regulations, incentives and schemes, traffic and capacity, and project uptake. The […]
Power
Recharging Renewables: Sector gears up for a mid-course correction
The year 2018-19 has been an eventful one for the country’s renewable energy sector. India jumped three places to become the second largest clean energy investment market worldwide as per the Bloomberg New Energy Finance’s […]
Power
Trends in Transmission: Grid expansion plans chalked out to integrate renewables
The Indian electricity transmission segment has been constantly evolving in line with power demand as well as the changing energy mix owing to an increasing influx of renewables. Going forward, an investment of Rs 2.6 […]
Power
Distribution Developments: Dip in performance
While the power distribution segment has witnessed significant growth over the past few years, it continues to face challenges such as high aggregate technical and commercial (AT&C) losses, low revenue collection, high level of cross-subsidies, […]
Power
Creating Change: Key policy and regulatory developments over the past year
During the past 12 months, the key focus areas of policy and regulatory developments in the power sector have broadly pertained to easing stress in the thermal power segment, promoting electric vehicles (EVs), managing renewable […]
Power
Trading Trajectory: Rise in short-term prices and volumes
With thermal power plants facing a demand crunch and discoms not signing power purchase agreements (PPAs) beyond their baseload, the short-term power trading market has emerged as a necessary mechanism in recent years for sellers […]
Power
Driving Improvements: Government schemes aim to better sector performance
In the past year, the power sector has witnessed significant achievements, the most notable being the near 100 per cent household electrification under the Pradhan Mantri Sahaj Bijli Har Ghar Yojana (Saubhagya). The performance of […]
Company Release
HIP awards contract for oil trading works and O&M of its terminal to Sinopec
The Hambantota International Port (HIP), Sri Lanka, has awarded the contract for oil trading works and operation and maintenance (O&M) of its oil tank terminal along with associated facilities to Sinopec Fuel Oil Sales Corporation […]
Power
Major Players: Performance highlights of 2018-19
After maintaining a strong momentum for many years, the power sector witnessed a fizzling out of conventional generation capacity addition in 2018-19. The thermal segment added only about 5,782 MW of capacity in 2018-19 as […]
Policy
RBI allows foreign investors to buy municipal bonds
The Reserve Bank of India has allowed foreign portfolio investors (FPIs) to invest in municipal bonds issued by various urban local bodies. This will broaden the access of non-resident investors to debt instruments in the […]
Loans
JDFPl raises Rs 270 billion in syndicated loans from a consortium of banks
Jio Digital Fibre Private Limited, Reliance Jio’s fibre unit, is raising approximately Rs 270 billion in syndicated loans from a consortium of banks. The funds will be put to use to facilitate the demerger process […]
Loans
SVPRPL submits draft financing documents to NHAI for road project in Andhra Pradesh
Sadbhav Vizag Port Road Private Limited (SVPRPL), a wholly owned subsidiary of Sadbhav Infrastructure Project Limited, has submitted draft financing documents to the National Highways Authority of India (NHAI) for its road project in Andhra […]
Bonds/Securities
REC raises Rs 11 billion via AAA-rated bonds
The Rural Electrification Corporation (REC) has raised about Rs 11 billion from its AAA-rated bonds carrying a two-year seven-month maturity at 8.5 per cent interest per annum. The higher rate is due to a combination […]
Bonds/Securities
DIAL looks to raise $350 million through dollar bonds
Delhi International Airport Limited (DIAL), a GMR Group company, is planning to raise funds amounting to $350 million through a 10-year senior secured bond facility. The proceeds from the loan will be used to fund […]
InvITs/REITs
SEBI amends InvITs and REITs regulations for wider participation
The Securities and Exchange Board of India (SEBI) has notified amendments to the regulations governing infrastructure investment trusts (InvITs) and real estate investment trusts (REITs). The key changes include reduction of the minimum subscription from […]
InvITs/REITs
KKR, GIC to invest in India Grid Trust
Global investment firm Kohlberg Kravis Roberts & Company (KKR) is likely to acquire up to 74 per cent stake in Sterlite Investment Managers Limited as well as purchase a sizeable portion of units in its […]