Essar Ports has commissioÂned 12 million tonne per annum capacity expansion project at its Vadinar terminal with a total investment of Rs 1,065 crore.
Tag: investment
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Next Railways Budget may not feature new projects
Burdened with Rs 2.5 lakh crore of projects stuck due to paucity of funds and other reaÂsons, the Indian Railways plans to give itself a 'plan holiday' in announcing new projects in 2012-13.
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India to spend Rs 2.64 lakh cr on highways in 12th Plan
In the next five years, the Union government is expecting an investment of over Rs 2.64 lakh crore in the road sector, of which over 65 per cent will come from the private sector.
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Lock-in period of infra bonds to be halved
Aiming at creating greater interest among foreign investors, the Finance Ministry has decided to halve the lock-in period for foreign portfolio investments in infrastructure boÂnds to on-and-a-half years.
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Tourism infra deal
For development of tourism infrastructure in the state, Himachal Pradesh government, signed a $95.16 million loan agÂreement with Asian DevelopÂmÂent Bank (ADB).
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MFs with 5-yr record can float infra debt funds
With regard to the infrastructure debt funds (IDFs), the SEBI board has approved the framework for setting up of the IDF by any existing mutual fund house that has been in the infrastructure financing business for at least five years.
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PNGRB clears GSPL grid proj
Gujarat State Petronet (GSPL) received authorisation from the gas regulator PetrolÂeum and Natural Gas Regulatory Board (PNGRB) to lay 4,000 km long pipelines on thrÂee routes at an investment of Rs 12,500 crore.
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$40-50 bn PE is needed in five years
M K Sinha, President and CEO, IDFC Project Equity Company, explains why private equity will rally through a period of concern about infrastructure. Although the projects are finanÂceable, execution delays can render proÂjects unprofitable.
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River-sea navigation will have major activity next year
With seamless coastal-river navigation to State Maritime Boards on the anvil, Indian ports infrastructure, water navigation and allied hinterland industry should see a major leap.
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River-sea navigation will have major activity next year
With seamless coastal-river navigation to State Maritime Boards on the anvil, Indian ports infrastructure, water navigation and allied hinterland industry should see a major leap.