The Asian Development Bank (ADB) has approved a loan of $250 million as part of an assistance package to Energy Efficiency Services Limited (EESL) to expand energy efficiency investments in India. The project will adopt […]
The Telangana government has granted permission to the Greater Hyderabad Municipal Corporation (GHMC) to appoint SBI Capital Markets Limited for obtaining funds worth Rs 25 billion for the Greater Hyderabad Strategic Road Development Plan project. […]
NTPC Limited has signed a term loan agreement for Rs 50 billion with the State Bank of India (SBI). The loan facility has been extended at an interest rate linked to the three-month marginal cost […]
The Uttar Pradesh cabinet has approved the proposal for obtaining funds worth Rs 70 billion from a Bank of Baroda-led consortium for the Bundelkhand six-lane expressway project. Currently, about 96 per cent of the total […]
The Asian Infrastructure Investment Bank (AIIB) has approved $575 million in loans to two urban infrastructure projects in India as part of its efforts to ramp up investments in the country. It is extending a […]
Indian Railway Station Development Corporation Limited is in the final stage of raising a loan of Rs 5.41 billion from the Indian Railway Finance Corporation (IRFC) for redevelopment of the Anand Vihar, Bijwasan and Chandigarh […]
The Asian Development Bank (ADB) has approved a loan worth Rs 34.66 billion for a road development project in Madhya Pradesh. The project includes upgradation of state highways spanning 750 km and major district roads […]
ADB has agreed to provide a $451 million loan to strengthen power connectivity between the southern and northern parts of the Chennai-Kanyakumari Industrial Corridor (CKIC). The project will allow more power, including renewable energy, to […]
The JSW Group has repaid Rs 12 billion worth of loans raised by pledging shares of JSW Steel and JSW Energy. Following the repayment, the pledged shares of both the companies have been released by […]
The Indian Railway Station Development Corporation (IRSDC) has entered into a tripartite agreement with the French National Railway Company (SNCF) and French Development Agency (AFD) to provide a grant for the development of railway stations. […]
The Asian Development Bank (ADB) has approved a loan of $350 million for the rehabilitation and upgradation of roads in Chhattisgarh. The project involves the rehabilitation/upgradation of two state highways and 23 major district roads […]
ADB has signed a loan agreement with the Indian Railway Finance Corporation (IRFC) to provide funds totalling Rs 51.88 billion ($750 million) for taking up railway track electrification projects in India. IRFC will use the […]
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 […]
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 […]
The International Finance Corporation (IFC) plans to provide debt financing of up to $43.3 million (Rs 3 billion) to Hero Future Energies Global Limited for the construction of a solar power plant. The money will […]
The Bank of Baroda has tied up with KfW Development Bank for providing funds worth Rs 8,030.34 million to refinance solar power projects under the Solar Partnership II – Promotion of Solar PV in India. […]
ReNew Power Limited has received additional debt financing of about Rs 24,914.93 million from the Overseas Private Investment Corporation (OPIC) for construction of new wind and solar power plants in India. The development follows an […]
CleanMax Enviro Energy Solutions Private Limited, which undertakes solar rooftop projects, has secured Rs 1.58 billion from PTC India Financial Services Limited, a listed non-banking financial company focused on the power sector. CleanMax will use […]
The Asian Infrastructure Investment Bank (AIIB) will provide a loan of $455 million to finance the Andhra Pradesh Rural Roads Project, which will connect about 3,300 habitations with a population of more than 250 and […]
The Himachal Pradesh government has signed a loan agreement with the World Bank for providing financial assistance of Rs 2,853.82 million ($40 million) for the Greater Shimla Water Supply and Sewerage Project. The project is […]
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