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Construction & Infrastructure News

Asian Development Bank extends $175-million loan to Power Grid

April 2017

The Asian Development Bank has extended a $175-million loan to public sector undertaking Power Grid Corporation of India Limited (PGCIL)....

Asian Development Bank, PGCIL, Clean Technology Fund, Climate Investment Funds, ADB loan, Renewable energy sources

Healthy growth in traffic, decline in interest rates expected to accelerate M and A deals in roads sector | ICRA

April 2017

Asset sales in the road sector have picked up over the last 24 months with the relaxation in exit policy. Sponsors in around 20 road assets involving...

CCEA, PPP, Shubham Jain, Corporate Ratings, Brookfield Asset Management, Canadian Pension Funds, Macquarie, K Ravichandran, WPI, Abertis Infraestructuras, IDFC Alternatives, BOT projects

India to modernise rail network in next five years

April 2017

India will invest $140 bn to modernise its rail network over the next five years in collaboration with UAE-based sovereign wealth funds. Much of this...

UAE-based sovereign wealth funds, Introduction, UAE, Safety measures, Indian Railways

NAREDCO hails the announcements of Union Budget 2017-18

February 2017

India’s leading apex body for real estate sector, National Real Estate Development Council (NAREDCO) has welcomed the provisions of the Finance Bill ...

NAREDCO, Housing Segment, Parveen Jain, Infrastructure, Real Estate Development, Completion Certificate, Notional Rental Income, PMAY, Metros, Union Budget 2017-18, Rajeev Talwar, Pension Funds

We now also have access to the Rs 40,000 crore NIIF

February 2017

Providing a roof over one’s head is as or more important than building roads and bridges for a country like ours. Terming affordable housing as ‘infr...

Kirti Timmanagoudar, Brick Eagle Funds, NIIF

World Bank warns of road funds cut

January 2017

The World Bank (WB) has warned the Assam government that the loan amount sanctioned for the Assam State Roads Project may be slashed if the pace of i...

World Bank, Assam State Roads Project, Road funds cut

Low cost, zero maintenance infra to service sporting talent across India

December 2016

India can follow to help the country reach its true sporting potential. India has failed to claim enough medals every four years at the Olympic Games...

GSI, Anil Kumar, Great Sports Infra, Olympic Games, PSU, Infrastructure, Equipment, CSR funds, CWG, Infrastructure, Construction, PE services

Foreign funds allowed to bid for Toll-Operate-Transfer projects

November 2016

The Centre has approved the monetisation of public funded, operational National Highway (NH) projects that are generating toll revenue for at least t...

Foreign Funds, National Highway Projects, ToT Model, Monetisation
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