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Strengthening Infrastructure

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.

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Mission Solar

Mission Solar

India´s approach of focussing largely on utility-scale solar parks and aggressive pricing has attracted a lot of scepticism. The renewable energy sector has shown tremendous growth over the last two years.

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NDB Bank gets IFC loan

NDB Bank gets IFC loan

The National Development Bank (NDB) was provided with a syndicated loan of $125 million by the International Finance Corporation (IFC). The loan will be used to aid the financing of 50,000 micro, small and medium enterprises by 2018. The Chief Executive Officer of NDB Bank Rajendra Theagarajah said that there would be second loan granted by the IFC by June 2014 amounting to nearly $200 million.

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Marketing road projects

Marketing road projects

To market its projects both abroad and in India, the Union Road Transport and Highways Ministry is looking to hire industry bodies and the International Finance Corporation (IFC). The government´s move comes after private investors showed disinterest in the road projects this year. For its expressway projects worth over Rs 30,000 crore and 15 other highway projects in the pipeline, the Ministry is looking to engage the industry bodies and IFC.

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Marketing road projects

Marketing road projects

To market its projects both abroad and in India, the Union Road Transport and Highways Ministry is looking to hire industry bodies and the International Finance Corporation (IFC). The government´s move comes after private investors showed disinterest in the road projects this year. For its expressway projects worth over Rs 30,000 crore and 15 other highway projects in the pipeline, the Ministry is looking to engage the industry bodies and IFC.

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