Tag: Asian Development Bank

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India signs loan agreement with ADB

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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Angelique: The builder of developing economies in the world

Angelique: The builder of developing economies in the world

Established in 1996, Angelique International Limited has grown into a an engineering, procurement and construction (EPC) giant with a turnover now nearing $350 million, undertaking turnkey projects in power, water, irrigation and agriculture sectors as well as industrial projects in international markets of Africa, Middle East, Latin America and South East Asia.

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ISSUANCE OF BONDS CREDIT ENHANCED BY IIFCL

ISSUANCE OF BONDS CREDIT ENHANCED BY IIFCL

The India Infrastructure Finance Company Limited (IIFCL) announced the issuance of India?s first infrastructure bond issuance Credit Enhanced by it. The rating of these bonds has been enhanced based on first-loss partial credit guarantee by IIFCL under its Credit Enhancement Scheme.

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Toll Roads Securitisation in India

Toll Roads Securitisation in India

Toll road securitisation, as an alternative means of infrastructure financing, is gradually gathering momentum. Securitisation could be a panacea to the nation´s highly capital deficit sector and its growing requirement for long-term funding.