The National Bank for Financing Infrastructure and Development (NaBFID) has sanctioned a loan worth Rs 20 billion to Gramercy Techpark Private Limited to develop a 120 MW data centre at Mahape, Mumbai. The data centre […]
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6.25 per cent. This is the first rate cut in nearly five years, since 2020, amid slowing growth projections. […]
Shadowfax has acquired CriticaLog, a technology-driven logistics firm offering logistics services in high-value sectors such as healthcare, automotive, engineering, luxury high-value shipments, and IT supply chains. The deal value is not disclosed in the public […]
JK Cement has acquired a 60 per cent stake in Saifco Cement for Rs 1.74 billion. The move comes amid the company’s expectation of increased construction activity in Jammu and Kashmir where the company is […]
Emiza Supply Chain Services Private Limited, a third-party logistics services provider, has raised Rs 1 billion in its series C round through a mix of primary infusion and secondary transactions in a 50:50 ratio. The […]
Adani Road Transport Limited has emerged as the highest bidder for toll-operate-transfer (TOT) bundle 15 with a bid of Rs 16.92 billion. Under TOT 15, the concessionaire will have toll collection rights for 20 years. […]
Ashoka Buildcon Limited (ABL) and its subsidiary, Ashoka Concessions Limited (ACL), have entered into an SPA with Edelweiss’s infrastructure funds, Epic Concesiones 2 Private Limited, Infrastructure Yield Plus II, and Infrastructure Yield Plus IIA to […]
POWERGRID Infrastructure Investment Trust (PGInvIT) has completed the acquisition of 26 per cent equity shares of four SPVs from Power Grid Corporation of India Limited (POWERGRID) for Rs 5.06 billion. The SPVs include POWERGRID Kala […]
JSW Neo Energy, a wholly-owned subsidiary of JSW Energy, has entered into a definitive agreement to acquire O2 Power Midco Holdings, O2 Energy SG and their subsidiaries from O2 Power for Rs 124.68 billion. O2 […]
JSW Energy has acquired KSK Mahanadi Power Company for Rs 159.85 billion. KSK Mahanadi entered into a corporate insolvency resolution process in 2020 after defaulting on around Rs 293.3 billion in debt repayments. Other bidders […]
Sterlite Power has successfully raised Rs 7.25 billion in a primary fundraising round from GEF Capital Partners and ENAM Holdings. This is the first fundraising initiative for the Global Products and Solutions (GPS) business since […]
Transrail Lighting has launched its IPO to raise Rs 8.39 billion. The IPO comprised a fresh issue of 9.3 million shares aggregating to Rs 4 billion and an offer for the sale of 10.1 million […]
Capital Infra Trust, an InvIT, saw an oversubscription of 2.8 times for its IPO. The issue aimed to raise Rs 15.78 billion, comprising a Rs 10.77 billion fresh issue and an offer for sale of […]
Greaves Electric Mobility Limited has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for an initial public offering (IPO). The IPO comprises a fresh issue of Rs 10 […]
Embassy Office Parks real estate investment trust (Embassy REIT) has raised Rs 10 billion through non-convertible debentures (NCDs). The NCDs carry a coupon rate of 7.73 per cent with a duration of five years. The […]
NDR InvIT, a warehousing infrastructure investment trust (InvIT), has raised $75 million (approximately Rs 6.3 billion) from the International Finance Corporation (IFC) in domestic currency sustainability-linked bonds. The proceeds from the funds raised will be […]
Bharat Petroleum Corporation Limited (BPCL) has signed a loan agreement for Rs 318.02 billion for projects planned in Bina, Madhya Pradesh. The proceeds will be utilised to finance the development and operation of a petrochemical […]
Housing and Urban Development Corporation Limited (HUDCO) has sanctioned a Rs 270 billion loan for the Bengaluru Development Authority (BDA) to expedite the Bangalore Business Corridor project. The project is slated to commence within two […]
Power Grid Corporation of India Limited (PGCIL) has signed a green loan agreement with Sumitomo Mitsui Banking Corporation (SMBC) for a $200 million facility, with an additional greenshoe option of $150 million. The funds will […]
ACME Solar Holdings Limited’s subsidiary, ACME Renewtech Private Limited, has secured a term loan of Rs 19.88 billion from Power Finance Corporation Limited (PFC) to fund the development and construction of a 300 MW solar-wind […]
COPYRIGHT © 2016- 2025 | INDIAN INFRASTRUCTURE