Should part of the blame in the aviation sector’s restrained growth and financial troubles go to the infrastructure around it? The long drawn-out development of smaller airports may offer real estate potential for private players, who may be eyeing that part of the non-aero revenues.
Category: Infrastructure Finance
Post
Post
Advisory is a step towards combining all infra-related services under one roof
Banks lending to the infrastructure sector are feeling the need for specialised project appraisal and advisory capabilities.SBI and IDFC have spun them off as separate entities that can backward integrate into their financing competency. IIFCL’s recently launched projects company goes beyond individual projects, and is starting with trying to capture the goodwill of states and state owned entities.
Post
The insurance industry is exploring take-out finance to fund infra projects
Both project and material risks are considered some of the highest in the infrastructure industries, yet infrastructure constitutes only 7 percent of the total general insurance.While the insurance firms in India cover most of the material risks,less tangible ones such as risks of overruns emerging from clearance delays are not insurable.
Post
Bids worth Rs 20k cr invited for highways
The Union government has invited bids worth Rs 20,000 crore,to widen 2,000 km of highways, opening up a big opportunity for companies such as L&T, GMR,Reliance Infrastructure and Gammon.This has helped the National Highways Authority of India (NHAI) inch closer to its target.
Post
Growth or admin?
Did his experience in quelling union strikes land him the top job that some call plum, others unenviable? Narsing Rao, who will be assuming charge as the new chairman of Coal India Limited (CIL) by the end of this month, has successfully brought down the number of worker strikes during his period at Singareni, where 70,000 workers operate the mines.
Post
The number of accounts getting restructured has increased dramatically
Restructuring is fast becoming a norm among infrastructure and power companies in particular. With a 30 per cent exposure within infrastructure to power, SBI has been acting on both restructuring as well as advising the government on what norms to adopt for discoms before finance.
Post
Rural commerce should be seen as the integrator
The concept has been suggested, but with a new fillip to rural infrastructure, can integration of various infra projects under an umbrella, which can be viability’s “go†signal, take off this year?
Post
ADB plans to expand infra fund
Asian Development Bank (ADB) plans to widen the corpus of Association of Southeast Asian Nations (ASEAN) Infrastructure Fund by inviting participation from mammoth economies in the region namely India and China.
Post
IRFC bond issue
In order to fund the acquisition of rolling stock and financing capacity enhancement, Indian Railway Finance Corporation (IRFC) expects to raise Rs 6,300 crore from its ongoing tax-free bond issue.
Post
Rs 22 cr for Jharkhand
Jharkhand Chief Minister Arjun Munda announced a budget of Rs 22 crore for urban development over the next five years. Munda was speaking at the two-day national mayors’ seminar.