While the government and the RBI have eased norms and pushed for financing opportunities, actual benefits will take time to trickle down, says Vishwas Udgirkar, Senior Director, Deloitte India.
Tag: financing
Post
Post
Infra trust fund on its way
Under the finance ministry's new announcement, the revenues of a project will be transferred to the trust, which will then issue units to investors. Shilpi Aggarwal says the government is seeking innovative financing solutions for infrastructure.
Post
SAIL chief moots special funding institution for steel sector
There is an urgent need to set up dedicated financing institutions for the steel sector in order to attain the target of 300 mn t steel annually by 2020-25, CS Verma, Chairman and Managing Director of SAIL said. It may be recalled that India set a target to achieve annual steel production of 300 million tonne (mn t) by 2020
Post
Tata Steel expects phase I of steel project by March 2014
Tata Steel expects to operationalise three million tonne steel plant in the first phase of its six million tonne greenfield steel project at Kalinga Nagar, by March 2014. This is despite the fact that the company has not been able to get raw material security for the project as allotments of mines are yet to come through. The project is co
Post
Rs 15 bn take-out finance
It is learnt that between 2009 and December 2011, the country witnessed take-out financing deals worth Rs 1,500 crore. India Infrastructure Finance Company (IIFCL) has closed deals worth Rs 4,000 crore this year,
Post
Task force for airport proj
A task force on financing plan for development of airports has been constituted under the Chairmanship of a member of Planning Commission.
Post
IRFC bond issue
In order to fund the acquisition of rolling stock and financing capacity enhancement, Indian Railway Finance Corporation (IRFC) expects to raise Rs 6,300 crore from its ongoing tax-free bond issue.
Post
Credit ratings: Need for a different rating mechanism
Conventional investment credit ratings-typically lower than desirable for infrastructure projects-constrain financing infrastructure investments in India, says Dhruba Purkayastha. So should the methodology be revisited?
Post
Experts discuss project and policy solutions to financing hiccups
Stemming from India's nascent entry into private development of gigantic proportions in infrastÂructure, the financing of this behemoth has often been called the hiccup in the works.
Post
Not enough credit enhancements
While in theory, the idea behind setting up IDFs is sound, the two structures proposed by the Ministry of Finance at present do not appear to have enough credit enhancement mechanisms to bring in domestic and foreign long term institutional investors, says Amit Dinakar.
- 1
- 2