US private equity firm Kohlberg Kravis & Roberts (KKR) and the promoter of Avantha Power & Infrastructure (APIL) will invest $120 million in the Indian company.
Tag: private equity
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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.
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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,
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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.
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BSNL plans PE for tower unit auction
Bharat Sanchar Nigam (BSNL) is planning to rope in private equity investors, includĆĀing telecom companies, to pick up stake in a new company that will be floated by hiving off the state-run telecom major's towers.
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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.
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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 industryĆ¢ā¬ā¢s practitioners and best experts.
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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.