Covers recent financings in the infrastructure sectors across funding sources such as bank lending, capital markets, disinvestments, M&A deals, debt restructuring, bond issues, private equity, etc.
Ministry of Finance, M&A, acquisition, IPO, disinvestment, stressed asset, loan, equity, multilateral, bonds, restructuring, debt, InvIT, fund, green bonds, stranded, RBI, investor, IDF, private equity, project equity
The government’s promise of “Sab ka sath, sab ka vikas”’ hinges significantly on the economy’s high growth for the next few years. This growth, in turn, will be driven by increasing investments in transport, energy, […]
During the past year, there have been a number of policy amendments to ease financing from alternative sources such as bonds, external commercial borrowings (ECBs) and infrastructure investment trusts (InvITs). Indian Infrastructure tracks key developments […]
During the past three to four years, the government’s programmes and push to the infrastructure sector have started bearing fruit with some pick-up in financing activity. Infrastructure investment trusts (InvITs) have started gaining wider acceptance […]
The journey of infrastructure investment trusts (InvITs) has been a rewarding one. In a span of two years, the country has achieved what had been under discussion for two decades – to have long-term capital […]
Private equity (PE) investments in infrastructure have surged in the past three years. While roads and renewables continue to be the preferred sectors, other areas such as logistics, transmission lines, telecom and airports are also […]
With the country facing an annual infrastructure financing shortage of Rs 2 trillion, lending needs to move beyond traditional bank credit. Further, as banks are stepping back, tapping alternative financing instruments has become a necessity […]
Since 2011, infrastructure sectors have been struggling to secure funds, both debt and equity. In a major departure, while arranging equity has become even more difficult, financing of debt has eased to some extent in […]
India’s logistics sector has been a favoured investment avenue for both domestic and foreign private equity (PE) firms. Increasing demand from the e-commerce, fast moving consumer goods, third-party logistics, consumer durables and manufacturing sectors along […]
The high level of stress in the power sector has been a contentious issue for a long time. At a recent India Infrastructure conference, panelists share their views on measures taken to crack down on […]
Registered in December 2015, the National Investment and Infrastructure Fund (NIIF) was created by the government on the concept of a sovereign wealth fund. The fund showed caution in its first year of operations. Activity […]
Infrastructure investment trusts (InvITs) were conceptualised three years ago and are the one of the fastest financial products to be brought to fruition. The product has had a great start. There have been three InvIT […]
Stressed advances in the banking sector are to the tune of Rs 12 trillion at present. Of this, Rs 4 trillion is covered by the first two lists of defaulters promulgated by the Reserve Bank […]
In the 1990s, infrastructure projects were financed primarily through budgetary allocations and long-term debt provided by development financial institutions (DFIs). However, with the withering away of DFIs and the emerging role of commercial banks in […]
The Department of Investment and Public Asset Management (DIPAM) has become instrumental in unlocking value through strategic disinvestment in central public sector enterprises (CPSEs). The department has adopted a new approach, treating disinvestment as the […]
Prior to 2004-05, the government undertook almost all infrastructure projects and gave out contracts. The contractors, relatively small in scale and size at that time, needed working capital-type of funding to fulfil those contracts. Infrastructure […]
Satish Mandhana, Managing Director and Head of Investments, EverSource Capital Sustainability, which is still far from the core of corporate strategy, must move to the centre of corporate strategy going forward. This will create enormous […]
Manish Aggarwal, Partner, Head, Corporate Finance, Energy & Infrastructure, Head, Resolutions & Restructuring, SSG, KPMG in India Investments in the infrastructure sector are critical not only for the economic growth of any country but also […]
Devayan Dey, Director, Capital Projects & Infrastructure, PwC India Globally, infrastructure spending needs (on an average annual basis) have been estimated at $3.3 trillion-$6.3 trillion. While the range is large, what is important to note […]