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:
15th Cement EXPO to be held in March 2025 in Hyderabad
IIFCL raises Rs 1,500 crore through bonds/debentures
Metro Rail sustainability suffering from affordability & connectivity
Dr E Sreedharan, India’s ‘Metro Man’ & India’s Top Metro Rail CEOs converge in Mumbai for CW Metro Rail Conference
Road Contracts awarded drop to less than half!
Synergy Steels clinches Award for Best Environment & Pollution Control Practices, 2023
Will QCBS phase out L1 for Infrastructure Procurement?
Vinita Singhania receives Lifetime Achievement Award at the 7th Indian Cement Review Awards
Indian Cement Industry Set to Build 100-150MT Capacity
DPIIT, Ministries & FIRST Construction Council to discuss sustainability with cement industry captains at Cement EXPO 2023 on Dec 14-15
Avoid Tunnel Vision Syndrome
World Cement Association Founder Director to be star speaker at Indian Cement Review Conference 2023 at 14th Cement EXPO, Delhi
Jury selects Indian Cement Review award winners; Awards to be presented at Cement EXPO 2023
14th Cement EXPO to kick-start from Dec 14, 2023 in New Delhi
Indian road sector: Highway of economic growth
Innovations in CE to meet tomorrow’s infrastructure needs
Unlocking investment potential in the North East region
Why carbon data is the key to improving sustainability and reducing emissions
Infrastructure: The growth catalyst of Indian economy
Tag: private equity
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.
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,
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.