The Indian Renewable Energy Development Agency (IREDA) has sanctioned renewable energy projects worth Rs 30 billion to support Odisha’s ambitious plan to achieve 10 GW renewable energy capacity by 2030. These projects span diverse areas, […]
The National Highways Infrastructure Trust (NHIT) will raise Rs 150 billion through a combination of debt and equity within the next two months. The funds will be utilised to acquire new assets under the infrastructure […]
The British government has approved Bharti Global’s purchase of a 24.5 per cent stake in BT, following a detailed national security assessment and assurances from the telecom company. This share purchase, valued at £3.2 billion, […]
Abu Dhabi Investment Authority (ADIA) has exited Mindspace Business Parks REIT (Mindspace REIT) through a block deal comprising 54.3 million units sold for Rs 19.26 billion. The shares units were sold at Rs 354.3 per […]
Punjab and Sind Bank has raised Rs 30 billion through 10-year infrastructure bonds. The bonds were issued at a coupon rate of 7.74 per cent. The issue comprised a base size of Rs 5 billion […]
KKR sold a 2.6 per cent stake in India Grid Trust for Rs 2.77 billion through an open market transaction. The deal comprised around 20 million equity shares at an average price of Rs 131.01 […]
The National Highways Authority of India’s wholly owned subsidiary, DME Development Limited, has raised Rs 7.75 billion through the issuance of green bonds. NHAI has raised funds through this instrument for the first time. The […]
The Government of India (GoI) and KfW Germany have signed a loan agreement of Rs 30.45 billion for phase 2 of the Bangalore Metro Rail Project. With this deal, the metro project marks a 100 […]
Fairfax India is to reportedly acquire an additional 10 per cent stake in Bangalore International Airport Limited (BIAL) from Siemens Project Ventures in a transaction valued at $255 million. The transaction is expected to be […]
Vodafone Group Plc has completed its exit from Indus Towers by divesting a 3 per cent stake in the company for approximately Rs 28 billion through a block deal. The telco indicated that the proceeds […]
The four listed real estate investment trusts (REITs), distributed in aggregate Rs 27.54 billion to the unitholders in the first half (H1) 2024-25. The disbursement recoded an increase of 14 per cent increase from Rs […]
The Reserve Bank of India (RBI) slashed cash reserve ratio (CRR) by 50 bps to 4 per cent in monetary policy commitee (MPC) meeting December 2024. The repo rate remained unchanged at 6.5 per cent […]
Zomato raised Rs 85 billion through a qualified institutional placement (QIP). The issue comprised 336.5 million shares at Rs 252.62 per share. The proceeds from the raise will be utilised to expand the quick commerce […]
Bank of India (BoI) has raised Rs 50 billion through infrastructure bonds. The bonds come with a 10-year maturity, attracting a coupon rate of 7.41 per cent. The issue comprised a base size of Rs […]
IRB Infrastructure Trust, has made a non-binding offer to IRB InvIT to acquire five toll assets having an enterprise value of around Rs 150 billion. The proposed acquisition is subject to signing of definitive agreements […]
The Competition Commission of India (CCI) has granted approval to Ontario Inc and OMERS Infrastructure, associated entities of OMERS Administration Corporation for acquiring an additional stake in Interise Trust. Furthermore, CCI has also approved an […]
IndiGrid, British International Investment (BII), and the Norwegian Climate Investment Fund managed by Norfund have launched EnerGrid, a $300 million platform for developing greenfield transmission and standalone battery energy storage system (BESS) projects in India. […]
Larsen and Toubro (L&T) has entered into a share purchase agreement to acquire a 21 per cent stake in E2E Networks for Rs 14.07 billion. The move will enable the company to increase its significance […]
Alta Capital has acquired warehouse assets of 2.5 million sq. ft from Indospace for Rs 8.4 billion. The deal comprises of Grade A warehouses in Pune and Chennai. The acquisition will expand Alta Capital’s portfolio […]
The Asian Development Bank (ADB) has signed a loan worth Rs 16.8 billion to Uttarakhand to upgrade water supply, sanitation, mobility, and other urban services. The project aims to build climate and environmental risk-resilient infrastructure. […]
COPYRIGHT © 2016- 2025 | INDIAN INFRASTRUCTURE