Historically, infrastructure projects in India have been funded on a mix of debt and equity. The current trends suggest so. Over the past 15 days, as many as three initial public offerings-IRB, HUDCO and PSP Projects - have hit Dalal Street, raising more than Rs 6,000 crore, a testimony to the fact that the bond market is gaining pace after the 2008 turmoil.
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We are watching the InvIT market very closely
Ashish Agarwal, Director, Equirus Capital, explores the various avenues available for encouraging the flow of private funds into the infrastructure sector.
THDC commisions 1st unit
The Tehri Hydro Development Corporation (THDC) has commissioned the first 100 MW unit of the 400 MW Koteshwar Hydro Power project synchronising it with the Northern Grid.