Government´s efforts are paying off as India has become the highest FDI destination for greenfield projects, Finance Minister Arun Jaitley said in late September. ´Satisfying, our efforts are paying off. India becomes the highest FDI destination for greenfield projects,´ Jaitley tweeted.
Tag: investment
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Brookfield buys nine projects in India
Gammon Infrastructure Projects Limited (GIPL) has decided to divest its entire stake in nine infrastructure projects to BIF India Holdings Pte Limited, jointly held by Brookfield Asset Management and its affiliates and Core Infrastructure India Fund Pte Limited.
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License fee for services increased
The government has revised the rates for various services extended at the minor and intermediate ports in the state of Andhra Pradesh.
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Porting Ahead
The government has announced a massive investment in India´s ports sector, which is likely to boost the country´s economy. The government has massive plans of developing ten coastal economic regions by reviving the country´s Sagarmala (string of ports) Project.
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Revival of Indian Shipbuilding
What has prevailed in the last 1000 years is not going to change in the foreseeable future. Merchant ships will continue to be the major means of trade across the oceans of the world. Warships will continue to provide international maritime security, keeping our sea lanes of communication safe and navigable for calm and peaceful trade.
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IFC provides long-term tenors to match asset life and supports projects in new markets
IFC has been one of the earliest investors in renewable energy in India and leads in promoting the renewable energy generation agenda by investing in private sector developers and helping them leverage opportunities in solar, wind and other forms of renewable energy.
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Japanising Indian Rail
Taking precedence from Japan which heralded the ´bullet train´ legacy in 1964, the world began to partake of this ´race against time´. High-speed rail (HSR), which uses an integrated system of specialised rolling stock and dedicated tracks, can significantly enhance the connectivity and trade between major cities in a country.
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ONGC identifies six projects to propel next growth phase
India´s biggest oil and gas explorer, Oil and Natural Gas Corporation, has identified six major field development projects with an investment of Rs 241,881 million (Rs 24,000 crore), in addition to its flagship development project in the Krishna-Godavari (KG) basin, to power the next phase of its growth.
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?Global demand for energy to increase by 35 per cent by 2040?
ExxonMobil shares its perspective on how improvement in efficiency of machinery and equipment can help mitigate the effects of the rising energy demand in the industrial sector
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IIFCL seeks Korean investment in Indian infrastructure
With an agenda to attract investment in India, the IIFCL has organised a one-on-one discussion of Indian infra developer with Korean investors. The Korean delegation was led by Kim Kyung Wook, Assistant Minister, Ministry of Land, Infrastructure and Transport, Republic of Korea and Song, Byung Hak, Managing Director, KDB Infrastructure Investment Asset Management Co Ltd.