The government has put 90 of Coal India's (CIL) nearly 150 greenfield and brownfield mining projects on the fast track, entailing an investment of around Rs 88,000 crore, in a bid to augment domestic coal supply quickly and ensure uninterrupted power.
Tag: investment
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Good Neighbours
India and China have drawn up massive plans for infrastructure upgradation. There are a number of areas where the neighbours can collaborate for a win-win situation. The road is set as China has shown keen interest in participating
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Urban Renewal
Today, 70 per cent of our GDP comes from urban areas while the investment for urban development is only 0.70 per cent. Now, according to the McKinsey Global Institute (MGI) report, Indias urban population is projected to increase from 34 crore in 2008 to 59 crore in 2030
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Doing more with less
Smart cities will encourage sustainable development. They will also help to optimise resources, to meet the demands of growing urban populations. These cities would also encourage usage of shared services among different utility functions.
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US gives infra initiative draft MoU
India and the US have identified areas where the two countries can start immediate collaboration, which include investment, cluster-related initiatives, investment summit and identification of projects
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ILFS IML to raise $1 bn
IL&FS Investment Managers Ltd (ILFS IML), the private equity arm of IL&FS, will raise about $1 billion (Rs 6,000 crore) from primarily overseas investors to invest in roads,
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Rs 5 lakh crore needed to complete sanctioned rail projects
Railways need nearly Rs 5 lakh crore to complete all sanctioned projects for which it is mobilising additional resources including private investment, FDI and private-public partnership.
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PEL partners with APG for $1billion infra JV
Piramal Enterprises Ltd (PEL) is tying up with the worlds second largest pension fund APG Asset Management (APG) to invest $1 billion in Indias roads, ports, airports, power plants, telecom towers, the education and healthcare sectors.
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Reliance raises Jaypee funds
Reliance Power has initia¡ted discussions with the Singapore government-owned investment firm, Temasek Holdings, to raise up to $500 million and tie up funding for the three Jaypee Group hydroelectric power assets that it is acquiring
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Rlys gets Rs 15,000 cr worth proposals in PPP mode
Indian Railways has received proposals totalling Rs 15,000 crore for development of various projects under the PPP mode, according to the Railway Minister Sadanada Gowda.