Edelweiss Alternative Asset Advisors Ltd has hit the fund-raising trail as it looks to raise ₹4,000-4,500 crore for its infrastructure fund Edelweiss Infrastructure Yield Plus Fund, said a senior executive of the Edelweiss group.
To strengthen city’s power infrastructure, the UT administration plans to spend around Rs 300 crore in next financial year 2019-20. The UT has submitted the same before the Joint Electricity Regulatory Commission (JERC), in its power tariff petition.
Pitching the idea of “New India” by providing better infrastructure under his agenda of development, Prime Minister Narendra Modi on Tuesday said that they are building
In a bid to improve the road infrastructure in the border areas, the Border Road Organisation(BRO) is building many large and medium-sized bridges to improve road infrastructure on the strategically important Leh-Manali highway, reports The Times of India.
The slow pace of land reforms will continue to result in project delays and rising costs, posing a downside risk for the road and rail sectors, Fitch Solutions said Wednesday.
Among the interesting stories coming out of the Infrastructure Leasing & Financial Services (IL&FS) conglomerate is one where a group entity, IL&FS Transportation and Networks (ITNL), put Rs 4.6 billion in a project in Rajasthan that was not formally given to it.
The government-owned India Infrastructure Finance Company Ltd (IIFCL) wrote off 16 accounts from its balance sheet last year, which was also the year when it reported its first loss at Rs 11.56 billion, since inception in 2006.
On the main line, the CR will operate infrastructure upgrade block for cut and connection of existing Up slow line with the new Kalyan-bound slow line between Mumbra and Kalva stations for laying of 5th and 6th line between Thane and Diva.
Infrastructure sector in India is crumbling, even new models proving unviable; here is key to revival
Infra sector is crumbling as project delays, cost overruns and financing woes mount. Even new models like hybrid-annuity are proving to be unviable. Private sector investment is the key to revival, but the return of private capital may be delayed
Infrastructure companies need to work on innovative instrument to attract global funds, says Suresh Prabhu
Stating that there is no dearth of funds, Commerce and Industry Minister Suresh Prabhu Friday said there is a need to work on innovative instrument and structure to attract global money for investment in infrastructure sector.