US private equity firm Kohlberg Kravis & Roberts (KKR) and the promoter of Avantha Power & Infrastructure (APIL) will invest $120 million in the Indian company.
FlashNews:
HSR Needs Fast Tracking
RECPDCL Handovers Ratle Kiru Power Transmission Limited, a SPV of Transmission Project, to IndiGrid 2 Private Limited
RECPDCL Handovers 3 Nos. SPVs of transmission projects viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission Limited to Power Grid Corporation of India Limited
Showcasing India’s Supply Chain Revolution
Highlighting the Future of Smart, Sustainable Infra
Driving Sustainability Through Innovation
REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
IIFCL Launches its Gender Equality and Social Inclusion (GESI) Cell on the occasion of International Women’s Day 2025.
IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
CCI India presents 1st edition of CEO Round Table Conference on Agriculture
Jayesh Ranjan & Cement Expo Forum Leaders converge in Hyderabad
Fluence Launches Advanced Smartstack Platform for New Energy Storage Era
NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
Tag: private equity
Infrastructure players need to attain scalability to be accepted by the capital market investor
As one of India's larger infrastructure funds, the company has believed in investing in the high-growth sectors.
Analysis: Balancing requirement and availability
While the gap in debt requirement versus availability towards meeting the 12th Plan target is enormous and requires focused effort to address, equity investors will now look for steadier long-term investments,
Expertspeak: Unifying Infrastructure
Vinayak Chatterjee gets down to the brasstacks on India's slow rate of infrastructure development, dismisses theories on the shortage of funding and recommends an overarching political authority for infrastructure.
BSNL plans PE for tower unit auction
Bharat Sanchar Nigam (BSNL) is planning to rope in private equity investors, includÂing telecom companies, to pick up stake in a new company that will be floated by hiving off the state-run telecom major's towers.
GMR Airports gets breather
Bangalore-based GMR Group, which has been battling a high debt of around Rs 15,300 crore is all set to raise approximately Rs 645 crore from three private equity (PE) firms.
Vox Pop: Investors warm up to govt moves
Going forward, a 25-28 per cent growth is envisaged in the cold storage industry. Even so, it will be a while before prices are arrested, exports of cold storage commodities take off, and indeed, before a heady rush of private participation is a reality, say the industry’s practitioners and best experts.
Private Equity: Telecom's infra-sharing model can be replicated in other sectors
IDFC was established in 1997 to channel the private capital into the infrastructure sector, and IDFC Private Equity was established in 2002-3 to provide equity support to infrastructure sector.