The Union Minister of Commerce and Industry, Anand Sharma, invited Australia to invest in India’s infrastructure sector aiming to strengthen economic and trade relations between the two.
Category: Infrastructure Finance
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Delhi Metro phase-III runs into funding issues
The third phase of the Delhi Metro network is apparently getting embroiled in controversy regarding its funding.
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The basic problem among cities is in understanding problems and deciding priorities
Urban transport solutions need urban bodies to have negotiating expertise, but most of our cities—especially non-metros—do not have PPP expertise.
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NHAI's new financial plan
The National Highways Authority of India (NHAI) is in the process of preparing a new draft plan as its earlier proposals were rejected by the Planning Commission citing that NHAI would find it difficult to borrow funds from the market.
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Centre to fund Metro's escalated cost
The Union government will share the cost escalation of Rs 5,511 crore of the Bangalore Metro project with the Karnataka government.
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Analysis: Dealing with inadequacies, salvaging lifelines
The next decade is set to witness tremendous growth in rail and bus based urban transport systems like MRTS, BRTS and variants.
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Infra-friendly hire at SBI
Deputy Managing Director (DMD) Hemant Contractor just took his next step on the ladder towards a top job at State Bank of India (SBI).
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Centre approves 660 Mw Kishau dam hydro project
The proposed 660 MW Kishau dam hydro-electric and irrigation project to be built jointly by Himachal Pradesh and Uttrakhand was approved by the Centre.
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Credit to infra industry up 67% of incremental lending
The Reserve Bank of India (RBI)’s says that bank credit to industry has increased 11.7 per cent this fiscal year, as much as two-thirds of that increase is on account of lending to infrastructure.
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DVC likely to mop up Rs 640 cr thru bond issue
Damodar Valley Corporation (DVC) will enter the domestic debt market with a seven-year bond issue to mop up Rs 640 crore through book building method to part fund a number of generation and transmission and distribution projects.