Amerind Petroleum (Amerind) proposes to set up a neaÂrly Rs120 billion petroleum refinery near Visakhapatnam, in joint technical collaboration with the US-based American Industrial Corporation (AIC).
Category: Infrastructure Finance
Post
Post
Infra Debt Funds: Creating new wealth
IDFs come as a new solution to debt finance to long-term, high-value infrastructure sectors. Eligibility norms for IDFs are rather stringent but justified given the risks and quantums-typical of infrastructure investment-involved.
Post
India's first IDF in 2 months
Economic Affairs Secretary R Gopalan said he expects India's first Infrastructure Development Fund (IDF) in the next two months and the size of the fund is estimated at $3 billion.
Post
A new opportunity to participate in Indian infrastructure
The government is finally preparing to launch its first IDF this year, albeit with a $3 billion corpus open to domestic investors alone. Vishal Shah and Smit Sheth hail IDF as a good beginning, but contend that the definition of infrastructure needs to be sharpened.
Post
Not enough credit enhancements
While in theory, the idea behind setting up IDFs is sound, the two structures proposed by the Ministry of Finance at present do not appear to have enough credit enhancement mechanisms to bring in domestic and foreign long term institutional investors, says Amit Dinakar.
Post
Banks should be nodal agencies to IDF
S Vishvanathan, MD and CEO, SBI Capital Markets, explains why the regulators of IDF have taken a rather cautious approach in developing it, and suggests that banks can take on the initial risk and then pass it on to IDFs-thus retaining the asset throughout the project.
Post
Canada Special
In the last year, several province-level delegations have visited India and explored opportunities in infrastructure and other domains. On 11-12 November, C-IBC's Canada-India Business Forum in Mumbai hopes to attract investors to Indian infrastructure, services and natural resources.
Post
New JNNURM in 12th Plan
The Plan panel said the government is working on a new Jawaharlal Nehru National Urban Renewal Mission (JNNURM) during the 12th Plan, aiming to fast track infrastructure development in cities.
Post
ABFS eneters infra funding
Aditya Birla Financial Services (ABFS)is foraying into infrastructure financing. The new firm will have an operational structure similar to IDFC.
Post
India to attract $80 bn FDI
India could attract $80 billion in foreign direct investment (FDI) in the coming two years, according to a research report by Morgan Stanley. India received $48-billion FDI in the last two years.