Sterlite Power Transmission Limited has achieved financial closure for its Nangalbibra-Bongaigaon Transmission Limited (NBTL) project, securing the entire debt funding of Rs 4.4 billion from Tata Cleantech Capital Limited. The financial closure has been achieved […]
NHPC Limited has signed an agreement with HDFC Bank to securitise the return on equity (RoE) of its 540 MW Chamera I power plant in Himachal Pradesh. NHPC has signed the facility […]
Vodafone Idea Limited (Vi) has appointed SBI Capital Markets to negotiate the restructuring of loans worth Rs 200 billion-Rs 230 billion that the telco is due to repay within the next four years. Reportedly, Vi […]
The Asian Development Bank (ADB) and the Government of India have worked out a $2.5 million project readiness financing (PRF) loan to support project preparation and design activities for upgrading major district roads in […]
PNC Gomti Highways Private Limited, wholly owned subsidiary of PNC Infratech Limited, received communication from the National Highways Authority of India (NHAI) on February 12, 2021, confirming the achievement of financial closure of its project […]
The government has signed an agreement with the Asian Infrastructure Investment Bank (AIIB) for the Assam Intra-State Transmission System Enhancement Project. The estimated cost of the project is $365 million, of which $304 million will […]
The World Bank plans to introduce a $100 million credit guarantee scheme to support India’s rooftop solar programme. The scheme will allow micro, small and medium enterprises to avail of concessional debt financing for setting […]
The CDC Group, a UK-based development finance institution, has announced a $30 million credit facility to Tata Cleantech Capital. The deal marks the first green loan facility offered by the CDC Group. The investment will […]
The VM7 Expressway, a wholly owned subsidiary and a special purpose vehicle (SPV) of IRB Infrastructure Developers Limited, has achieved financial closure for the Gandeva-Ena project in Gujarat. The project involves eight-laning of the 27.5 […]
Eden Renewables India has announced financial closure for its 450 MW solar project in Rajasthan. The project raised $165 million in finance from three major international banks. The solar project was financed through a green […]
PNC Infratech Limited has submitted financial documents to the National Highways Authority of India (NHAI) for three HAM projects – PNC Unnao Highways Private Limited, PNC Gomti Highways Private Limited and PNC Bithur Kanpur Highways […]
DME Development Limited, a special purpose vehicle (SPV) fully owned by NHAI, is planning to raise Rs 460 billion in debt over the next two to three years to part finance the Delhi-Mumbai expressway project. […]
ADB has approved a loan worth $231 million for the development of the Lower Kopili HEP in Assam. The project is located on the river Kopili and will have a capacity of 120 MW. The […]
The Government of India has signed a $500 million loan agreement with the World Bank to develop safe and green national highway corridors in the states of Rajasthan, Andhra Pradesh, Himachal Pradesh and Uttar Pradesh. […]
The Government of India, the West Bengal government and the World Bank have signed a $105 million project to improve the inland water transport infrastructure in Kolkata, West Bengal. The West Bengal Inland Water Transport, […]
The New Development Bank (NDB) has signed loan agreements worth $646 million with the centre and the Andhra Pradesh government for the AP Mandal Connectivity and Rural Connectivity Improvement Project (APMCRCIP) and the AP Roads […]
HDFC Bank has entered into an agreement to provide funds worth Rs 5 billion for the Jewar airport project in Greater Noida. The funds will be provided at an interest cost of the marginal cost […]
The Asian Development Bank (ADB) has approved a $132.8 million loan to improve and upgrade the power distribution network in Meghalaya. The project will include construction of 23 substations, renovation and modernisation of 45 substations, […]
Deutsche Investitions- und Entwicklungsgesellschaft (DEG), a German development finance institution, has committed funding of $10 million to Avaada Energy Private Limited for the development of 4.3 GW of renewable capacity by 2022. The funding will […]
Ashoka Kandi Ramsanpalle Road Private Limited, a wholly owned subsidiary of Ashoka Buildcon Limited, has received the financial closure letter (dated October 23, 2020) from the National Highways Authority of India (NHAI). The company achieved […]
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