Securities and Exchange Board of India (SEBI) received a request from Prime Minister Manmohan Singh to promote infra debt funds (IDFs) in order to boost funding to the infrastructure sector.
Tag: infrastructure
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Govt expects 50% infra investment to come from private sector
Sudhir Krishna, Secretary, Union Urban Development Ministry, informed that the government expects the share of private investment in infrastructure sector to rise to almost 50 per cent in the 12th Five Year Plan (2012-17).
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IL&FS infra fund
A new infrastructure fund would be launched jointly by Standard Chartered Private Equity and IL&FS Investment Managers with a corpus of around $600 million. This is the second fund being launched jointly by both the firms
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RBI tightens restructuring norms of infra projects
The Reserve Bank of India (RBI) on May 30 has announced its final guidelines provisioning norms for restructured accounts and asset classification.
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Experts speak on renegotiation of contracts
Some experts argue that the government can allow renegotiation of contracts for infrastructure projects being carried out on public-private partnership (PPP) basis.
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Vizhinjam project master plan
The master plan and detailed project report (DPR) for the proposed Vizhinjam container terminal and international port project in Kerala was released by the state Chief Minister Oommen Chandy.
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Tripura CM discusses need to expedite infra projects
During a meeting with Planning Commission Deputy Chairman Montek Singh Ahluwalia, Tripura Chief Minister Manik Sarkar discussed the need to expedite critical infrastructure projects in the state. Sarkar informed Singh that some of the critical infrastructure projects likely to be implemented by the central government in the state are behind schedule. The chief minister met the Planning Commission chief to decide the annual plan outlay for state, which was
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JNPT to award Rs 82 bn terminal project as single contract
Unconfirmed reports indicate that the board of trustees of Jawaharlal Nehru Port Trust (JNPT) decided to award the Rs 8,200-crore fourth container terminal project as a single contract instead of the earlier proposal to split it into two. The board of trustees decided this at a recent meeting. It also decided to issue a tender for the much delayed project in the next few
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Mechanisation to raise capacity at Vizag port
The mechanisation of cargo handling facilities in the Visakhapatnam Port Trust (VPT) would increase the cargo handling capacity of the port by additional 50 million tonne per annum, Ajeya Kallam, Chairman of the port informed reporters. The port recently commissioned the Rs 444.1 crore mechanised coal handling facility of Vedanta Resources at VPT. Following this, the outer harbour would be totally clean and prevent vehicular movement which spreads coal parti
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AP govt to ask centre to allot Rs 220 bn for JNNURM-2
Andhra Pradesh Chief Minister N Kiran Kumar Reddy said he would ask the central government to allot Rs 20,000 crore under Jawaharlal Nehru National Urban Renewal Mission-2 (JNNURM-2). Reddy is learnt to have discussed this at a meeting of the state-level steering committee (SLSC). The centre may launch the