Torrent Power Limited has received shareholders’ approval to raise debt with an option for lenders to convert it into equity upon certain conditions. As per the resolution passed by the shareholders, this would apply to […]
Tata Power Company Limited has refinanced outstanding rupee loans to the tune of Rs 38.64 billion for its 4,000 MW Mundra ultra mega power project (UMPP) in Gujarat. This is likely to yield savings of […]
The Ministry of Urban Development (MoUD) has approved the SAAP worth Rs 12.58 billion for Karnataka under AMRUT for the current financial year. About 90 per cent of the funds will be utilised for undertaking […]
The Nellore Municipal Corporation in Andhra Pradesh has received approval from the central government to implement the Nellore Water Supply Improvement Project with financial assistance from the Japan International Cooperation Agency (JICA). JICA will provide […]
The Department of Urban Affairs, Government of Kerala, will implement AMRUT in nine cities under the first phase of the mission. According to the state annual action plan (SAAP), a sum of Rs 5.87 billion […]
The Uttar Pradesh government has sanctioned Rs 168.8 million to the Bareilly Municipal Corporation (BMC) for the rehabilitation of old and obsolete water pipelines in the city under the Atal Mission for Rejuvenation and Urban […]
The Punjab government has sanctioned Rs 4.16 billion for undertaking various infrastructure projects in SAS Nagar, Mohali. A sum of Rs 261.8 million has been earmarked for undertaking various water supply projects in the district. […]
The government held its first meeting for the setting up of the proposed National Investment and Infrastructure Fund (NIIF). As a part of the meeting, the broad roadmap for future activities of the fund was […]
The Committee on Revisiting and Revitalising the PPP Model of Infrastructure Development has submitted its report. The committee has suggested broad guidelines for the next generation of public-private partnership (PPP) contracts, while allocating and managing […]
Bharti Airtel has completed the acquisition of 74 per cent stake in Augere Wireless Broadband India. The operator had announced its decision to acquire Augere Wireless in August 2015. The same was approved by its […]
PNC Infratech Limited has announced the completion of a transaction involving the sale of equity shares of Jaora-Nayagaon Toll Road Company Limited (JTCL) to Viva Highways Limited for a consideration of Rs 341.94 million. PNC […]
Tata Power Company Limited has refinanced outstanding rupee loans to the tune of Rs 38.64 billion for its 4,000 MW Mundra ultra mega power project (UMPP) in Gujarat. This is likely to yield savings of […]
The Punjab government has sanctioned Rs 4.16 billion for undertaking various infrastructure projects in SAS Nagar, Mohali. A sum of Rs 261.8 million has been earmarked for undertaking various water supply projects in the district. […]
The Committee on Revisiting and Revitalising the PPP Model of Infrastructure Development has submitted its report. The committee has suggested broad guidelines for the next generation of public-private partnership (PPP) contracts, while allocating and managing […]
The National Highways Authority of India (NHAI) has received approval from the Securities and Exchange Board of India (SEBI) for Raajmarg Infra Investment Trust (RIIT) to be established as an infrastructure investment trust (InvIT). The […]
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