To fund three key power projects in Andhra Pradesh, the Rural Electrification Corporation (REC) is to provide a loan of Rs 10,873.35 crore.
Author: admin (Infratructure Today)
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West Bengal for pvt funding
For widening and further improvement of its state highways, the West Bengal government is mulling to invite private investments in the state.
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Ramky posts net sales growth
Ramky Infrastructure reported net sales of Rs 669.17 crore for the quarter ended 30 June 2012, as compared to Rs 602.80 crore in corresponding period of last fiscal year,
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GAIL cuts stake in ONGC proj
GAIL India has cut its equity stake in ONGC’s Dahej mega petrochemical project to 15.5 per cent after project cost further escalated by 9.5 per cent.
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Macquarie SBI invests in Ashoka
Macquarie SBI Infrastructure Fund (MSIF) has completed an investment of $150 million in Ashoka Concessions (ACL), along with a co-investor, the SBI Macquarie Infrastructure Trust (SMIT).
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Rs 15 bn take-out finance
It is learnt that between 2009 and December 2011, the country witnessed take-out financing deals worth Rs 1,500 crore. India Infrastructure Finance Company (IIFCL) has closed deals worth Rs 4,000 crore this year,
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Cargo traffic at ports to grow by 5.9%
India’s overall cargo traffic at its ports (both major and minor) is expected to grow to 985.20 million tonne or 5.9 per cent in 2012-13. In 2011-12,
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Chennai Port plans terminal project
Chennai port is planning a Rs 3,700 crore mega container terminal with a continuous quay length of 2 km and 18-22 m side along draft, capable of handling ultra large container ships carrying over 15,000 twenty-foot equivalent units (TEUs).
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KPT to set up oil jetty
Kandla Port Trust (KPT) plans to set up a Rs 233 crore oil jetty on build, operate, transfer (BOT) basis under public private partnership (PPP) mode.
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CPT plans key infrastructure projects
Cochin Port Trust (CPT) has planned to implement some of the key infrastructure projects to attract more clients.