Ashish Agrawal, Head-Solar, Hero Future Energies, says there is a buzz in the market and is focused on the rooftop segment.
Category: Infrastructure Finance
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Opening the funds tap
A stronger thrust on PPP projects, greater FDI and steady government support can help Indian Railways, one of the world´s largest rail networks, emerge from the rut.
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Bonds credit-enhanced by IIFCL
Government-owned infrastructure financier, The India Infrastructure Finance Company Limited (IIFCL) announced the issuance of India´s first infrastructure bond, credit-enhanced by it.
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Railways to seek Rs.1 lakh cr for safety fund
The Railways Ministry will seek around Rs 1 lakh crore from the finance ministry for a special railway safety fund. This will be used to implement several measures aimed at sprucing up safety performance and checking the spate of recent train accidents which have claimed several lives.
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RBI, Govt to revive distressed utilities
Reserve Bank Governor Raghuram Rajan has said the apex bank is working with the Centre and state governments to revive distressed discoms. ´The government is fully cognizant of the problem as are we.
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FinMin to compile list of projects for foreign governments
The finance ministry will compile a list of projects that can be offered to foreign governments that have pledged billions of dollars in investment. This could be the Narendra Modi government´s version of the project monitoring group set up by its predecessor to get stalled infrastructure development moving again.
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L&T Halol Tollway defaults on loan
L&T Halol Shamlaji Tollway, a 100 per cent special purpose vehicle promoted by L&T Infrastructure Development Project, has defaulted on Rs 1,014 cr payment to lenders due to low toll collections and shortage of cash.
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Efforts to attract FDI paying off: Arun Jaitley
Government´s efforts are paying off as India has become the highest FDI destination for greenfield projects, Finance Minister Arun Jaitley said in late September. ´Satisfying, our efforts are paying off. India becomes the highest FDI destination for greenfield projects,´ Jaitley tweeted.
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India signs loan agreement with ADB
The Government of India has signed a loan with Asian Development Bank (ADB) for $123.51 million for the third tranche of the Infrastructure Development Investment Programme for Tourism. This is for upgrades to tourism infrastructure and services in Punjab, Uttarakhand and Himachal Pradesh.
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Rs.13,314 CR Upgrade for Ponneri
Ponneri, a suburb to the north of Chennai, will get a Rs 13,314 cr infrastructure upgrade as part of the development of the Chennai- Bengaluru Industrial Corridor.