In what could be the first fund-raising exercise through Infrastructure Investment Trusts (InvITs), toll road builder IRB Infrastructure Developers is planning to raise Rs 5,000-6,000 crore and is expected to file the draft red herring prospectus (DRHP) within a month.
Tag: distribution
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It is my duty to give back to society
With 28 years of experience in power transmission, distribution and generation, Dhananjay Ketkar is currently Chief Operating Officer at Egis India. An engineer and a post graduate in cost and management accounting, Ketkar started his career with NTPC in the power generation domain.
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We are not asset owners. We are not bankers. We are operators
Formerly known as Vivendi Environment, the France-based transnational firm Veolia Environment is active in water, waste solutions and energy services businesses. Founded in 1853, it is present in around fifty countries.
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Reliance Infra to de-merge REGSPL for Rs.6,282.50 crore
Reliance Infrastructure has announced the de-merger of certain power generation and supply businesses in Mumbai, Goa and Andhra Pradesh into a subsidiary for a consideration of Rs.6,282.50 crore.
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Cabinet nod to National Tariff Policy
The Union Cabinet approved the ´National Tariff Policy for Electricity´ aimed at tightening regulations for setting power rates and promotion of clean energy.
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Closing infra gap with China
The shortcomings of India´s infrastructure are often lamented. But statistical aggregates suggest that the South Asian nation has caught up to - or even surpassed - China in some respects. In other areas, it is not far behind.
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Powering the change
The government is finally taking note. While it is too early to say that a solution to the woes of distribution companies (DISCOMs) is just around the corner, the wheels are in motion.
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Packing a punch?
Many industry observers feel the time is right for the government to exit and look at reducing its investments in power distribution and allow commercial capital to flow into the sector.
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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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State has failed in power generation: Karandlaje
MP Shobha Karandlaje has accused the Karnataka state government of failure to increase power production and ensure its proper distribution.´Even though parts of the state face drought, farmers have to bear the burden of power shortage as well. The problem could be solved only if the state became self-reliant in power production.