Airtel Africa has raised tender offer to buy back up to $450 million (about Rs 35.5 billion) of senior notes. The tender has been raised by Bharti Airtel International (Netherlands) BV, which manages Airtel’s Africa […]
In an effort to extend its road portfolio, India’s IndInfravit Trust would acquire five operating road projects from entities owned by Brookfield Asset Management for around $1.2 billion, including debt. The agreement with Canada’s Brookfield […]
The National Highways Authority of India (NHAI) is planning to raise up to Rs 40 billion for its infrastructure investment trust (InvIT), which is set to accelerate road asset acquisition, likely by forming a new […]
The Ministry of Railways (MoR) is planning to monetise the redeveloped stations through real estate investment trusts (REITs). While the target for 2022-23 is close to Rs 300 billion, the MoR is planning to offer […]
British International Investment (BII), the UK’s development finance institution, has subscribed to a $75 million (approximately Rs 5.85 billion) “Green Basket Bond” to finance micro, small and medium enterprise projects in Africa, South Asia and […]
In order to support 450 MW of rooftop solar deployment in India and to make distributed generation systems in the country more affordable, the World Bank has approved an additional $165 million in financing. The […]
Adani Transmission Limited’s $700 million revolving loan facility has been tagged as a green loan by Sustainalytics. This provides assurance on the green loan framework for the revolving facility. A revolving loan facility is a […]
The Adani Group is in talks with over a dozen foreign banks to raise up to $4.5 billion via a variety of overseas loan instruments. This will be among the largest loan-based foreign currency fundraising […]
Meerut Budaun Expressway Private Limited has achieved financial closure for Group I of the Ganga Four-Lane Expressway Project (Phase I). The financial closure has been achieved at a project cost of Rs 65.38 billion. The […]
The World Bank has approved a loan of $245 million to support India’s efforts to modernise rail freight and logistics infrastructure. The rail logistics project is expected to help India shift traffic from road to […]
ReNew Energy Global has effectively refinanced its dollar-denominated bonds maturing in 2024 while amortising project loan from an Indian non-bank banking institution. The company issued bonds worth $525 million in 2019 having a maturity date […]
Delhi International Airport Limited has issued non-convertible debentures (NCDs) worth Rs 10 billion to partly finance Phase 3A of the Delhi airport expansion project. Barclays Bank invested Rs 5 billion, Aditya Birla Finance invested Rs […]
The Public sector lender Bank of Baroda will raise Rs 50 billion by issuing long-term infrastructure bonds. The board of directors approved the proposal of issuing long-term bonds for financing infrastructure projects and affordable housing […]
The Ministry of Road Transport and Highways approved funds worth Rs 13.37 billion for construction of the Jammu-Akhnoor Four Laning Road Project (NH-144A) on July 6, 2022. The project involves four-laning and upgradation of the […]
India has launched the second of the four survey vessels (large) (SVL) projects, Nirdeshak, for the Indian Navy. It has been built by Garden Reach Shipbuilders and Engineers (GRSE) in collaboration with Larsen and Toubro […]
The Kerala Water Authority (KWA) has sought funds worth Rs 1,550 million from the Kerala government for the Aluva water treatment plant (WTP) project. Earlier, funds worth Rs 1,300 million had been allotted for the project, but this was deemed insufficient after the latest revised […]
The state cabinet of Goa has granted approval for spending over Rs 16 billion, including the central fund, to reduce power loss and improve Goa’s power infrastructure. Of this, the state government will spend over […]
The Urban Development Department of Uttar Pradesh approved funds worth Rs 16.47 billion for various projects under the Atal Mission for Rejuvenation and Urban Transformation 2.0 on June 20, 2022. The projects will involve upgrading […]
The Gujarat government has approved investments worth Rs 17.6 billion to lay pipelines in the state. It includes the construction of a 78 km pipeline from Kasara to Dantiwada under the SujalamSufalam Jal Yojana worth […]
COPYRIGHT © 2016- 2025 | INDIAN INFRASTRUCTURE