Private equity inflows into the countryĂâs real estate sector surged 62 per cent to Rs 38,000 crore, during 2016, largely helped by ParliamentĂâs clearance of two significant legislations Ăâ the Real Estate (Regulation and Development) Bill and GST, says a report.
Author: admin (Infratructure Today)
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ReNew Power secures $390 million debt funding from ADB
Renewable energy firm ReNew Power Ventures Ltd has announced that it has secured long-term debt financing of $390 million (approximately Rs 2,650 crore) from Asian Development Bank (ADB).
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SC seeks Centre’s report on Ganga cleaning projects
The Supreme Court has asked the Centre to file an ĂâupdatedĂâ report on the status of projects going under the Ganga cleaning programmes in five states through which the river passes.
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Tata PowerĂâs non-fossil operating capacity climbs to 3,060 MW
Tata Power, IndiaĂâs largest integrated power company, has announced that the companyĂâs total generation from non-fossil operating capacity stands at 3,060 MW, making it the largest renewable energy company in India.
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Total solar sector corporate funding comes in at $9.1 billion in 2016
Mercom Capital Group, a global clean energy communications and consulting firm, has released its report on funding and mergers & acquisitions (M&A) activity for the solar sector in 2016.
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AAI plans to partially privatise Ahmedabad, Jaipur airports
The Airports Authority of India (AAI) plans to partially privatise Ahmedabad and Jaipur airports by this fiscal for which proposals have already been invited from interested parties.
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Signature Global to invest Rs 500 crore to build affordable homes
Realty firm Signature Global, which is into development of affordable homes, will invest Rs 500 crore to develop two housing projects in Gurgaon as the company expects better demand after the government announced an interest subsidy under the Pradhan Mantri Awaas Yojna.
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44 airports have potential for operations under UDAN | FICCI
About 44 airports across the country have high potential for operations under the Regional Connectivity Scheme (RCS) for civil aviation, UDAN, according to a report from industry body FICCI.
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AP poised to be regional aviation hub | CM
Andhra Pradesh Chief Minister N Chandrababu Naidu has said that Andhra Pradesh was well-positioned to emerge as an aviation hub with Vijayawada (Gannavaram) airport registering an impressive growth in passenger traffic. The other two major airports at Visakhapatnam and Tirupati were also making rapid strides.
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Coal imports down 25percent at 14 MT in December
Coal imports have fallen by 25 per cent to 14.31 million tonnes (MT) in December, due to higher availability of domestic fuel. The country had imported 19.15 MT of coal in December 2015.