The government, Asian Development Bank (ADB) and the IIFCL have signed a $250 million loan agreement for tranche 2 of the ongoing Second India Infrastructure Project Financing Facility.
Tag: investment
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MbPT increases capacity
The Mumbai Port Trust (MbPT) is expecting its container traffic to improve as its offshore container terminal (OCT) project gets ready in 2011-12.
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MoEF clears Gopalpur port
The decks have been finally cleared for developing the minor, seasonal port at Gopalpur into an all-weather port with the Union Ministry of Environment and Forests (MoEF) giving its green signal.
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ONGC leads in 10 blocks at Nelp-9
Oil and Natural Gas Corporation (ONGC) has emerged the provisional winner for close to 10 out of the 29 blocks it has bid for in the ninth round of the New Exploration Licensing Policy (Nelp).
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Vibrant Gujarat 2011: Larger and cleverer
The highlight of the much-publicised event this year was as much the volumes pledged, as the state's efforts to set a platform for national and international investments.
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PPP is almost the only way for better management of water sector
A new initiative by ADB and the Government of India seeks to promote and Ć¢ā¬ÅmainstreamĆ¢ā¬Ā PPP for inclusive growth of the country.
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Pipeline transport offers lower cost and higher capacities
The initiatives in the nationĆ¢ā¬ā¢s new bid to use gas as a more environmentally acceptable alternative to oil is influencing piping contractors.
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Budget 2011-12: Infra on higher pedestal
The government intends to spend Rs 214,000 crore on infrastructure, 23.3 per cent higher than the allocations in 2010-11, accounting for major share of 48.5 per cent of the gross budgetary support to the central plan.
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Project process automation: Improved visibility is key
One of the biggest hurdles in the process of project management in our country is its systematised monitoring, which can actually be powered by software programs and provide better transparency, data and feedback.
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Enam Infra Fund to invest Rs 3,700 crore in infra
The cabinet committee on economic affairs cleared the investment proposal of Enam India Infrastructure, a Mauritius-based venture capital fund, to invest Rs 3,700 crore in IndiaĆ¢ā¬ā¢s infrastructure and energy projects through a dedicated core sector fund.