REC Limited, a Maharatna CPSU under the Ministry of Power and a prominent NBFC, has entered into a Memorandum of Understanding (MoU) with the Mumbai Metropolitan Region Development Authority (MMRDA) to provide financial support of ₹1 lakh crore for infrastructure development in the Mumbai Metropolitan Region (MMR). The agreement was formally signed by Shri. Harsh...
Tag: infrastructure projects
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Debt Financing: Funding Sustainable Infra
Sustainable Infrastructure: Debt Financing Shiva Rajaraman, CEO of NIIF IFL, discusses the changes in the infrastructure landscape in the country, policy back-ups and different sources of infrastructure finance that have opened up in the country. With a balance sheet of an impressive Rs.210 billion with zero per cent NPAs, NIIF IFL is an infrastructure debt fund...
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Sustainability & innovation key drivers for infra development
The construction equipment industry is pivotal for economic growth The construction industry is a major contributor to climate change, so there is a growing demand for eco-friendly construction methods and materials. By combining sustainability and innovation in technology, India can create a world-class infrastructure system that can support its economic growth and social progress, writes V...
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Canadian pension fund eyes infra investment opportunity in India
CDPQ to invest in companies to fund net-zero transition targets
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Piyush Goel urges states to fast track NICDC projects
Govt approved NICDC to develop industrial corridors by 2026-27
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Govt identifies 9 high-impact infra projects under Gati Shakti
MoPSW identified 9 high-impact infra projects of Rs 1,913 crore
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NHAI initiates DPR for new Mysuru-Kerala NH project
The proposed stretch was identified using the Bharatmala Pariyojana The National Highways Authority of India (NHAI) has started a new detailed project report (DPR) for a new road between Mysuru and Kerala, despite protests from activists.The Mysuru-Malabar National Highway project connects Bengaluru, Mandya, and Mysuru with Kozhikode.Bharatmala Pariyojana has been used to identify the proposed...
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DFI to deliver long term-economic returns’
Like the DFIs created by policymakers in the 1950s for making industrial capital accessible, the new body corporate will provide easy access to funding for infrastructure projects critical to nation-building . Click here to read more
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National Programme & Project Management Framework Launched for Infrastructure Sector
The Government think-tank NITI Aayog and Quality Council of India (QCI) on Wednesday launched the ‘National Programme and Project Management Policy Framework’ (NPMPF), envisaged to bring radical reforms in the way infrastructure projects are executed in India.
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ENFORCEMENT OF CONTRACTS Mitigating the Uncertainty
There is a silver lining here: For the past two years, the Modi government has been adopting a broad strategy to substantially improve India's dismal WB ranking for ease of doing business. Concerted efforts have been made to remove serious bottlenecks that exist in the numerous business laws and a "holistic approach"taken.