Roads & Bridges
Asset sales
Infrastructure Finance
Seed to Scale: Rising investor optimism on the back of new funding avenues
In the past one year, India has steadfastly maintained its status as a favourable investment destination for global and domestic investors. Drawn by compelling valuations, strategic investors have poured in capital, aiming for more exposure […]
Infrastructure Finance
Subsidy Trends: Incentivising renewables development
Subsidies, or central financial assistance (CFA), are a key policy tool to increase the uptake of clean energy. Over theyears, various incentives have been given to different renewable energy segments. Indian Infrastructure takes a look […]
Roads & Bridges
Roads & Bridges
Asset Sales
Cube Highways InvIT acquires two road assets from NIIF worth Rs 41.84 billion
Cube Highways InvIT has entered into an SPA with the NIIF to acquire two road assets valued at Rs 41.84 billion. The deal signed includes the purchase of a 100 per cent stake in Athaang […]
Asset Sales
Indus Tower approves acquisition of telecom assets of Bharti Airtel and Bharti Hexacom
Indus Towers’ board has approved the acquisition of telecom assets from Bharti Airtel and Bharti Hexacom for up to Rs 33.08 billion through a slump sale. The transaction comprises the acquisition of passive infrastructure assets/telecom […]
Asset Sales
NDR InvIT acquires grade-A industrial and warehousing assets for Rs 7.06 billion
NDR InvIT Trust, an InvIT, has acquired Grade A industrial and warehousing assets in Surat, Hyderabad, Bengaluru and Pune, for Rs 7.06 billion. The assets have over 2.1 million square feet of operational space and […]
Asset Sales
Dalmia Cement signs agreement to acquire 26 per cent stake in Solis Urja Energy
Dalmia Cement (Bharat) Limited, a wholly owned subsidiary of Dalmia Bharat Limited, has signed a share subscription and shareholders agreement to acquire a 26 per cent equity stake in Solis Urja Energy Private Limited for […]
Mergers & Acquisitions
AG&P Pratham and THINK Gas announce merger
AG&P Pratham and THINK Gas have announced the merger of brand identities under a single brand, THINK Gas. The merged entity will now operate in 50 districts across 10 states, covering around 10 per cent […]
Mergers & Acquisitions
EEDL signs SPA to acquire 100 per cent stake distribution company in Chandigarh
Eminent Electricity Distribution Limited (EEDL), a wholly owned subsidiary of CESC Limited, has signed an SPA with Chandigarh Power Distribution Limited (CPDL) for the acquisition of 100 per cent equity in the distribution company for […]
Equity Moves
Infra.Market raises Rs 10.5 billion in pre-IPO round
Infra.Market, a technology-enabled construction materials marketplace, has secured Rs 10.5 billion in its pre-IPO funding round. With the latest fundraising, the company’s valuation has reached Rs 241.47 billion. The investors included Tiger Global, Evolvence, and […]
IPO/QIP
Quality Power Electrical Equipments is set to launch Rs 8.59 billion IPO
Quality Power Electrical Equipments Limited, an energy transition equipment and power technologies provider, is set to launch an IPO worth Rs 8.59 billion. The IPO comprises a fresh issue of 5.3 million shares valued at […]
IPO/QIP
Ajax Engineering launches Rs 12.69 billion IPO
Ajax Engineering, a concrete equipment manufacturer, has launched its IPO of Rs 12.69 billion. The price band for the issue was Rs 599-Rs 629 per share. The issue comprised an offer for sale (OFS) of […]
InvITs/REITs
Mindspace REIT has acquired grade-A office campus in Hyderabad
Mindspace Business Parks REIT, a real estate investment trust (REIT), has acquired a commercial asset, Commerzone Raidurg, a Grade A office campus in Hyderabad’s Madhapur locality for Rs 20.38 billion. The acquisition was made through […]
Bonds/ Debentures
NaBFID raises Rs 50 billion through bond issuance
NaBFID has raised Rs 50 billion through the issuance of long-term bonds. The 15-year bonds carry a coupon rate of 7.25 per cent with a face value of Rs 100,000 each. The issue size comprised […]
Loans
Juniper Green Energy secures $1 billion in debt financing to develop clean energy projects across India Juniper G
Juniper Green Energy has secured $1 billion in phased debt financing from leading financial institutions. Lenders include PFC, DBS Bank, HSBC Bank and the Indian Renewable Energy Development Agency. The funding will support the development […]
Sanctions/ Grants
Centre allocates funds for three rail projects in Jharkhand
The central government has allocated funds worth Rs 11.47 billion for three rail projects in Jharkhand. The first is the redevelopment of Ranchi railway station, which has been allocated Rs 4.44 billion. The second is […]
Sanctions/ Grants
Ministry of Coal announces selected applicants under category-II of financial incentive scheme
The Ministry of Coal has announced the selected applicants under Category II of the financial incentive scheme with a financial outlay of Rs 85 billion. The scheme is open to both private companies and government […]
Sanctions/ Grants
Central government approves Rs 163 billion NCMM
The central government has approved the National Critical Mineral Mission with an expenditure of Rs 163 billion to focus on mineral exploration, mining, beneficiation, processing and recovery from end-of-life products. PSUs and private companies are […]