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$40-50 bn PE is needed in five years

$40-50 bn PE is needed in five years

M K Sinha, President and CEO, IDFC Project Equity Company, explains why private equity will rally through a period of concern about infrastructure. Although the projects are finan­ceable, execution delays can render pro­jects unprofitable.

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Infra-Landmarks: Few and far between

Infra-Landmarks: Few and far between

The past 12 months have not belonged to infrastructure flag-offs. As the economy turned south in 2008-09, not as many infra projects as targeted were awarded, especially those in road, rail, port and energy; in most cases, the targets themselves took a heavy beating.