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Construction & Infrastructure News

Greater share of clean energy cess for state

October 2016

Odisha has asked for Pump Storage Projects (PSP) to be subsidised by National Clean Energy Fund (NCEF). The state, home to significant coal mines and...

Clean Energy Fund, PSP, Coal mines, Washeries, Infrastructure, NCEF

Most complex tax regime by far

October 2016

The macroeconomic aspects of GST havenĀ“t been taken into account. If the government says that it will collect more revenue, then that means that pric...

Arun Kumar, Sukhamoy Chakravarty, Jawaharlal Nehru University, GST, RNR, GDP growth, Gujarat, Jammu And Kashmir, Arvind Subramanian Committee, NIPFP, Wholesale Price Index, CGST, IGST, SGST, Infrastructure

Madhya Pradesh gears up for Green Energy Corridor

October 2016

Madhya Pradesh has readied its blueprint for the Rs.4000 crore worth Green Energy Corridor project spearheaded by Power Grid Corporation (PGCIL), as ...

PGCIL, Madhya Pradesh, Renewable energy projects, Business Standard, German development Bank KfW, Central Clean Energy Fund Grant

Gujarat floats Rs 700 crore slum redevelopment fund

September 2016

The Gujarat Government has floated a Slum Redevelopment Premium Fund (SRPF) with an initial corpus of Rs 700 crore. This fund from the Central and st...

Gujarat Government, Slum Redevelopment Premium Fund, Funding affordable housing projects, Central Government, Ahmedabad Municipal Corporation, Vadodara, Ashwani Kumar, FSI, GSFS

More infra funds on the anvil

September 2016

Buoyed by interest shown by global investors, the government plans three more sector-specific sub-funds, including for the development of airports an...

Global Investors, NIIF, Business Standard, Fund, Port Development Fund, Clean energy

Energy-efficiency projects in India to get a boost with EESL raising domestic bond funds

September 2016

Energy Efficiency Services (EESL) has made its maiden issuance of bonds in the domestic market to fund energy-efficiency projects in India. Domestic ...

Energy Efficiency Services, Fund energy-efficiency projects, Investors, EESL, Green Masala Bonds, KFW, AFD, ADB, Saurabh Kumar, ESCO

China's Fosun may invest up to $1 bn in Indian real estate

September 2016

Chinese conglomerate Fosun International plans to invest close to $1 billion in the Indian real estate market through a private equity platform it is...

Fosun International, Real estate, Apurva Muthalia, Aditya Birla, JLL report reveals, Real Estate Fund, Construction, Rising Straits Capital

GMR, MEP Infra & IRB Infra to launch infra investment trusts

September 2016

SEBI had issued guidelines a couple of years back for infrastructure investment trusts (InvITs). The markets regulator has now granted permission to ...

SEBI, InvITs, IRB Invit Fund, GMR Infrastructure Trust, REIT, MEP Infrastructure, Infra investment trusts
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