Airports Authority of India (AAI) has released Rs 2.29 billion for the upgradation and expansion of the Belagavi Airport in Karnataka. The project involves the expansion of the passenger terminal building, runway extension, apron expansion […]
The Ministry of Railways (MoR) has approved funds worth Rs 139.5 million for final location survey (FLS) work of the Hyderabad outer ring rail (ORR) project. Currently 99 per cent of preparatory work related to […]
Reliance Jio is reportedly in talks with global banks to raise around $1 billion-$1.5 billion through an offshore syndicated loan to buy 5G network gear from Ericsson. The telco intends to leverage these funds to […]
Kotak Strategic Situations India Fund II (KSSF II) and Kotak Private Credit Fund (KPCF), managed by Kotak Investment Advisors Limited (KIAL), has announced its investment of Rs 7.32 billion in the non-convertible debentures (NCDs) of […]
Torrent Power Limited has raised Rs 6 billion through issuance of non-convertible debentures (NCDs) on private placement basis. The company has issued and allotted Series 11 – 60000 secured, rated, listed, taxable, non-cumulative, redeemable and […]
The Asian Development Bank (ADB) has approved $200 million additional financing for the Rajasthan secondary towns development sector project. The project includes work to improve the water supply and sanitation systems in Rajasthan. Under this […]
Singapore-based Mapletree Investments acquired the remaining assets of a logistics park owned by KSH Infra Industrial Park Private Limited, a subsidiary of the Pune-based KSH Infra Group, for around Rs 3.2 billion (about $38.7 million), […]
Welspun Enterprises Limited has executed definitive agreements with Actis Highway Infra Limited for the sale of five completed HAM projects and one operating build-operate-transfer (BOT) toll asset. The HAM assets include Welspun Delhi Meerut Expressway […]
The Mirae Asset Credit Opportunities Fund has announced the acquisition of an industrial logistics and warehousing asset in Mumbai for Rs 1.3 billion, the first transaction of its kind under its India-focused foreign institutional funds, […]
The Arunachal Pradesh government has decided to hand over five terminated hydropower projects with a generation capacity of 2,820 MW to two central public sector undertakings. These five projects will require an investment of Rs […]
Reliance Jio has deposited Rs 37.2 billion in a State Bank of India (SBI) escrow account, marking the completion of its acquisition of Reliance Infratel Limited (RITL), the tower business of Reliance Communications which is […]
The Alberta Investment Management Corporation (AIMCo), Ontario Municipal Employees’ Retirement System (OMERS), Brookfield Asset Management Inc. and I Squared Capital are looking to invest in renewable energy firm Fourth Partner Energy Private Limited. The transaction […]
The majority of lenders to LancoAmarkantak Power have voted in favour of an offer from the Power Finance Corp (PFC)-REC team, whose debt-resolution plan garnered the most support in a bidding competition. The team earned […]
Inox Green Energy Services has acquired a majority stake in an unrevealed independent wind power operations and maintenance (O&M) company with over 230 MW of operating capacity, primarily in South India. This acquisition is expected […]
Gateway Distriparks Limited (GDL) recently completed the acquisition of Kashipur Infrastructure and Freight Terminal Private Limited (KIFTPL). KIFTPL owns and operates an inland container depot (ICD) at Kashipur in Uttarakhand. Spread over 41 acres, the […]
The Dutch subsidiary of Tata Communications has agreed to acquire US-based media service provider Switch Enterprises for a cash consideration of $58.8 million (around Rs 4.86 billion). The acquisition will enable direct upsell opportunities for […]
Bharti Airtel has announced that it has acquired a strategic stake in Lemnisk (Immensitas Private Limited) under Airtel’s Start Up Accelerator Program. The deal is subject to all applicable statutory approvals. Lemnisk is a Bengaluru-based […]
Shapoorji Pallonji has announced that it will offload a 2.5 per cent stake in Sterling and Wilson Renewable through an offer for sale. It has set the floor price at Rs 270 per share. Shapoorji Pallonji plans to […]
Larsen & Toubro sold a 51 per cent stake in the L&T Infrastructure Development Project to Edelweiss Alternatives’ portfolio company in order to decrease its exposure to non-core asset-heavy development projects. This is a major step […]
The new Norwegian Climate Investment Fund, managed by Norfund, together with KLP, has made its first investment of Rs 900 million in an Indian transmission project in Karanataka being developed by ReNew Power. Norfund and […]
COPYRIGHT © 2016- 2025 | INDIAN INFRASTRUCTURE