About 3.3 million people in Andhra Pradesh will have access to safe drinking water following the approval of a $400 million loan by the Asian Infrastructure Investment BankÂ’s (AIIB) Board of Directors.
RIL & Adani Group withdraw bid to acquire SKS Power Generation
Ahmednagar to soon have its first solar agri-feeder
Brookfield to Acquire KKR’s 50% Stake in Renewable Developer X-Elio
SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project
Power Grid Corporation receives 6 Special Purpose Vehicles from REC
Power Finance Corporation to receive Rs 165 cr loan from Japan’s JBIC
Delhi aims to meet annual electricity demand through solar power
BCCL signs 1st MDO contract for coking coal extraction
NTPC REL: Sterling & Wilson Renewable Energy bags order
GAIL and Shell reach an agreement to discuss ethane supply
NTPC commissions green coal plant in Varanasi
Power plants in Delhi fails to adhere to biomass co-firing policy
JSW Steel plans to invest in a virgin coking coal mine
Adani Transmission gets certified as single-use plastic-free firm
Coal India targets 156 MT coal supply to power sector in April-June
NLC establishes green energy joint venture with Assam Discom
GMDC bags 2 coal blocks in Odisha
2,000 MW renewable energy projects to be developed by Onix Group in UP
RBI grants IREDA the status of Infrastructure Finance Corporation
AIIB aided safe drinking water projects improves sanitation in AP
AIIB keen to scale up to financing of standalone projects
India, the second-largest shareholder in the $100-billion Asian Infrastructure Investment Bank (AIIB) has emerged as the largest market for the bank due to the size of its economy.
Capital cost for $4.5 trillion infra investment a challenge
Creating infrastructure will need a whopping $4.5 trillion investments over the next decade and the cost of the money will be a challenge, finance minister Piyush Goyal said.
AIIB to invest `127 billion in IndiaÂ’ infrastructure sector
Earlier, AIIB had committed Rs 75 billion in projects that included a rural connectivity project in Madhya Pradesh; the Bangalore Metro; power transmission in Tamil Nadu; rural roads in Gujarat; and the power-for-all project in Andhra Pradesh.
Government to add more high-speed rail networks in future: Railway Minister
A source from the government echoed his view and said that Japan, which is giving soft loans for the project, is increasing its funding for the project to $5 billion per year from the earlier commitment of $3 billion.
IndiaÂ’s National Investment and Infrastructure Fund to leverage AIIBÂ’s $200 million
The Asian Infrastructure Investment Bank AII) is likely to invest $200 million in a fund of funds set up by India to take interest in infrastructure projects.
Â“Sustainable infrastructure is the priority in funding any projectÂ”
In an exclusive interview, Najeeb Haider, Principal Strategy Officer, Asian Infrastructure Investment Bank (AIIB) tells RAHUL KAMAT about the bankÂ’s future strategies and the key sectors for investments in India.
AIIB to invest Rs 127 billion in India’ infrastructure sector
Considering, India's substantial infrastructure requirement, Asian Infrastructure Investment Bank (AIIB) has plans to invest around Rs 127 billion in projects including transport (metro), rural (road upgradation), energy (renewables) and water and waste management.