Solar tender and auction activity in India had a steep decline in November 2017. The solar capacity tendered across the country during the month fell by 25 percent to 300 MW compared to the October 2017 total and the amount of solar auctioned dropped by 98 percent to just 5 MW.
Author: admin (Infratructure Today)
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Suzlon wins 252 MW wind power project order
A leading Global Utility has awarded a wind power project of 252 MW to Suzlon Group. This project is won by the Utility through SECI II auction held recently. Suzlon will execute the entire project on a turnkey basis and will also provide operation and maintenance services. With this order, Suzlon has secured combined orders of 502 MW across SECI - I and SECI- II auctions.
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Bond Market Issuances Likely to Remain Stable
India Ratings and Research (Ind-Ra) expects primary market activities in the corporate bond market to remain steady, however, growth will be protracted owing to muted capex plan for Corporate India.
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New bidding guidelines to boost wind power sector: ICRA
The recent notification of bidding guidelines by the Government of India for the award of wind power projects is a positive development for the sector. The guidelines address some of the key concerns for the sector pertaining to off-takerĆās credit profile, grid curtailment and termination payments.
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State Government of Maharashtra considering indemnifying bankers in infrastructure project funding
With huge infrastructure projects underway in Maharashtra, the state government is looking at restructuring its funding model so that bankers who are willing to fund projects will be covered by the government. This will form part of the agreement that they sign with the developers.
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Asahi India Glass commence commercial production of glass plant
Asahi India Glass (AIS) IndiaĆās leading value-added and integrated glass company has commenced production at Taloja plant.
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Build-up domestic capacity for making equipment in the country: Joint Secretary, Ministry of Steel
The government is working on creating domestic capacity for the equipments being imported in the country, said Sunil Barthwal, Joint Secretary, Ministry of Steel at an ASSOCHAM event held in New Delhi today.
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Capacit’e Infraprojects bags project worth Rs 825 crore
Capacit'e Infraprojects Ltd, has bagged a contract worth Rs 825.01 crore (excluding GST), from Arihant Abode Ltd, a subsidiary of Arihant Superstructures Ltd, for affordable housing project christened ĆāArihant AspireĆā situated at Panvel, Maharashtra, in proximity to the proposed Navi Mumbai International Airport. The scope includes construction of civil & structural, finishing & MEP works to be executed in phases for 8 residential buildings of 42 floors each.
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IRB InfraĆās SPV receives Appointed Date from NHAI
CG Tollway Private Ltd., a wholly-owned Subsidiary and a Special Purpose Vehicle (SPV) of IRB Infrastructure Developers Ltd., has received Appointed Date from NHAI for its Chittorgarh to Gulabpura six laning Highway Project.
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Infrastructure assets provide better risk returns
If the Indian economy needs to sustain its growth momentum in the coming decade, developing world-class infrastructure facilities is of paramount importance. Traditionally in India, a significant portion of debt requirement for financing infrastructure has been met by borrowing from domestic banks.