L&T Limited has signed a definitive agreement with Schneider Electric for the sale of L&T’s electrical and automation business for an all-cash consideration of Rs 140 billion. Schneider Electric has formed a consortium with Singapore’s […]
Singapore-based infrastructure developer and fund manager Equis Private Limited is reportedly planning to sell its Indian hydropower platform Hydreq for Rs 20 billion. Hydreq owns a majority stake in two hydroelectric plants in Sikkim with […]
Tata Power Renewable Energy Limited (TPREL), a wholly owned subsidiary of Tata Power Company Limited, is reportedly planning to bid for two solar power plants in Maharashtra. TPREL is seeking to invest around Rs 20 […]
The National Highways Authority of India (NHAI) plans to raise $3 billion by monetising 25 national highway stretches in three tranches, from May 2018 onwards. These stretches will span a total length of 1,640 km. […]
GR Infraprojects Limited plans to raise Rs 18 billion through an IPO. It has filed a DRHP with SEBI for the same. The IPO comprises a fresh issue of shares worth up to Rs 5 […]
The Aditya Birla Group is planning to sell a minority stake of 15-20 per cent in Idea Payments Bank in order to raise about Rs 2 billion. The payments bank, in which Idea Cellular and […]
John Energy has received SEBI’s nod to raise an estimated Rs 3.5 billion through an IPO. The IPO comprises a fresh issue of shares worth Rs 2.18 billion and an offer for sale of up […]
The Canada Pension Plan Investment Board (CPPIB) and Allianz Capital Partners (ACP) will act as anchor investors in the IndInfravit Trust, sponsored by L&T Infrastructure Development Projects Limited (L&T IDPL). CPPIB will invest approximately CAD […]
Reliance Jio Infocomm Limited (RJIL) has raised Rs 25 billion in corporate bonds from Axis Bank over a term of five years at an interest rate of 8 per cent. The proceeds have been earmarked […]
The central government, the Madhya Pradesh government and the World Bank have signed a loan agreement worth $210 million for the Madhya Pradesh Rural Connectivity Project. The project involves the improvement of access to rural […]
Adani Transmission Limited (ATL) has achieved financial closure for the purchase of Reliance Infrastructure’s power generation and distribution business in Mumbai. Financial closure for the Rs 132.5 billion purchase was achieved through a consortium of […]
The Asian Development Bank (ADB) has agreed in principle to provide financial assistance for the creation of sewage treatment facilities in Uttarakhand. ADB is expected to sanction Rs 17 billion for building infrastructure, sewage plants, […]
ADB plans to provide a combined assistance of Rs 5.3 billion for three water projects in Tiruppur, Tamil Nadu. Two projects – the Tiruppur Fourth Water Supply Scheme Project and the Water Supply Distribution Improvement […]
The Ministry of Road Transport and Highways (MoRTH) has sanctioned Rs 55 billion for the 363 km regional ring road in Hyderabad. In addition, Rs 17 billion has been sanctioned for Telangana under the Central […]
The Mumbai Railway Vikas Corporation (MRVC) is considering seeking a loan of Rs 200 billion to fund major suburban railway projects. The projects form a part of the Mumbai Urban Transport Project (MUTP)-III A, the […]
The Haryana Water Supply and Sewerage Board (HWSSB) has approved funds worth Rs 16.5 billion for the improvement of drinking water, sewerage and stormwater drainage facilities in the state. Funds have been approved for 2,444 […]
Funds worth Rs 6 billion have been allocated for the implementation of nine projects across nine cities in Haryana. The sanction, under Phase II of the Atal Mission for Rejuvenation and Urban Transformation, is for […]
The power sector saw several interesting developments last year. For the first time ever, in 2017-18, capacity additions in the renewables category – mainly in solar – overtook conventional capacity additions. Power lines reached every […]
Getzner offers mass-spring systems to mitigate the vibration and noise generated by urban train operations. Presently, this system is installed in over 40 cities across the globe, including the Indian cities of Bengaluru, Delhi, Lucknow […]
The Elan Valley Aqueduct is a crucial source of water supply for Birmingham and its adjacent areas. The aqueduct is approximately 120 km long, discharges 300 million litres of water every day into the reservoir […]
COPYRIGHT © 2016 | INDIAN INFRASTRUCTURE
Error: Contact form not found.