Reliance Power and Shell are discussing a plan to form a joint venture to set up first east-coast LNG terminal in India. According to industry sources, the proposed new terminal is expected to involve an investment of Rs 3,000 crore.
Author: admin (Infratructure Today)
Post
Post
Govt plans Rs 50,000 cr IDF
The government is planning an over Rs 50,000 crore infrastructure debt fund (IDF) with participation from a foreign bank, a multilateral agency, and state-owned financial institutions.
Post
Karnataka records less utilisation of Nabard funds
Compared to its neighbours, Tamil Nadu and Andhra Pradesh, Karnataka lags behind in both sanctions and disbursal of funds under the Rural Infrastructure Development Fund (RIDF) of the National Bank for Agriculture and Rural Development (Nabard).
Post
JP Morgan invests Rs 100-cr in green power
JP Morgan Asset Management has recently invested Rs 100 crore in Leap Green Energy, a company promoted by India's ace motor racer Narain KarÂthiÂkeyan's family. Leap Green owns installed capacity of 100 MW of wind assets,
Post
GVFL to float Rs 1,000-cr fund
Aimed at strengthening the trade ties with China, Gujarat Venture Finance (GVFL) plans to launch a Rs 1,000-crore green energy fund to attract Chinese companies. According to GVFL, the fund is specific to Chinese companies interested in setting up plants for equipment
Post
DMIC to get $4.5 bn from Japan
The Delhi-Mumbai Industrial Corridor (DMIC) project will get assistance worth $4.5 billion from Japan.
Post
PTC India to launch PE fund
PTC India has entered into an initial agreement with a sovereign wealth fund to create a private equity (PE) fund with a start-up capital of $200 million.
Post
Infra bond on int'l market
Government is exploring the possibility of issuing long term infrastructure bonds from the international capital markets.
Post
Srei Infra to raise Rs 500 cr
Srei Infrastructure Finance will raise up to Rs 500 crore through a public issue of infrastructure bonds. Srei has not issued retail infrastructure bonds so far, though the tax-saving tool has been available for the last two years.
Post
FM relaxes lending norms
The Finance Ministry has relaxed the lending norms for the warehousing sector in a bid to meet the growing demand for storage capacity.