India has a coastline of 7,517 km, with 12 major ports and 200 notified non-major (minor or intermediate) ports along the coastline. Out of the 200 notified non-major ports, up to 2013-14, only 61 were reported to have been handling cargo brought through maritime routes.
Category: Infrastructure Finance
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Brookfield buys nine projects in India
Gammon Infrastructure Projects Limited (GIPL) has decided to divest its entire stake in nine infrastructure projects to BIF India Holdings Pte Limited, jointly held by Brookfield Asset Management and its affiliates and Core Infrastructure India Fund Pte Limited.
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TNIFMC to raise $1 billion
The Tamil Nadu Infrastructure Fund Management Corporation Ltd (TNIFMC), an asset management company (AMC) formed under the Tamil Nadu Infrastructure Development Board (TNIDB), plans to raise an alternate investment fund of around $1 billion to support infrastructure development in the State.
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Port development: Financial support to be sought from Centre
Financial support would be sought from the Union government to develop all ports, Karnataka State Minister for Ports Baburao Chinchanasur said. A
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IL&FS Transport plans to raise Rs.750 crore through rights issue
IL&FS Transportation Networks has said it plans to raise Rs 750 crore via a rights issue to augment its long-term resources.
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Vedanta to issue Rs.2,000-crore NCDs to refinance debt
Vedanta Limited will issue non-convertible debentures (NCD) worth Rs 2,000 crore with an aim to refinance its debt.
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India, UAE to Start Multibillion Dollar Fund
India and the United Arab Emirates (UAE) are set to start a $75 billion fund to invest in Indian infrastructure projects.
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Thinking Afresh
A quality transition to the planned expansion will require a huge capital investment in electricity, railways, roads, ports, airports, irrigation, water supply and sanitation systems.
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Srei Equipment Finance plans $500 mn debt issue
Srei Equipment Finance, an equal-stake joint venture between Srei Infra and Paribas, is planning to raise about USD 500 million
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Tata Opportunities fund invests Rs.335 crore in Tata Projects
Tata Opportunities Fund, the investment arm of the Tata Group, which is advised by Tata Capital, invested Rs 335 crore in Tata Projects Limited (TPL)