This will enable IREDA to increase its renewable energy financing
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Tag: IFC
Strengthening Infrastructure
Two-thirds of the infrastructure investment, as per the revised plan, was to be funded by the public sector (central and state governments) while the remaining one-third was to come from the private sector.
IFC issues Green Bond
IFC, a member of the World Bank Group, has invested Rs 6.67 billion ($103 million) in L&T Infrastructure Finance Company Ltd. by subscribing to the first official Green Bonds in India. This is in line with IFCÂ’s strategy to support renewable energy infrastructure in the country and also develop the capital markets.
Mitigate payment-related risks to make infrastructure sustainable
I think in many sectors the policies are conducive. The most recent example is the Rewa Ultra Mega Solar Project, where IFC was the lead public-private-partnership (PPP) transaction advisor. We helped structure the bidding process to include a three-tiered payment security mechanism.
We are constrained by our limited dredging capacity
The Inland Waterways Authority of India (IWAI) was set up in 1986. Since then till 2008, only five waterways could be declared as National Waterways. Work could be started on only three of them: National Waterway or NW-1 that is the Ganga National Waterway, NW-2 that is the Brahmaputra Waterway and NW-3 comprising the backwaters of Kerala.
There is enough money available for players who can deliver on time
Ashish Agrawal, Head-Solar, Hero Future Energies, says there is a buzz in the market and is focused on the rooftop segment.
World Bank to probe IFC´s role in Vizhinjam port project
World Bank Group´s audit arm, Compliance Advisor Ombudsman (CAO), has decided to probe whether IFC
Pipavav Port to fund expansion
Gujarat Pipavav Port has said that it will now fund its expansion plans through internal accruals as it has terminated loans from the multi-lateral agency IFC.
Rs.8.5 lakh crore plan is for decongestion of network
Despite having the largest rail network in Asia, Indian Railways has not been able to make much progress. The reasons for its dismal growth are known. Union Railway Minister Suresh Prabhu has ambitious plans of expansion and capacity building. In this regard, he says that in the high density routes, there has been considerable underinvestment, resulting in congestion.
First international finance centre
All financial market regulators have agreed to lay down the rules to enable India´s first international finance centre to take off in Gujarat by April.