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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

Seamless Cover

April 2017

The size of the total Indian roofing market is over 1 billion sq m, with a continuous evolution in the market for cladding. ...

Cladding, Manish Garg, Everest Industries, Gautam Suri, Interarch Building Products, Dr Prashanth Reddy, FunderMax India, Aluminium colour-coated roofs, Chuck Houk, Tremco, Jawahar Lal Das, Safintra Roofing India, SAFZIP 400, GRC, Façade systems

Centre to fund port development in Tripura

April 2017

The Ministry of Shipping has agreed to fund a river port at Sonamura sub-division of west Tripura, connecting River Gomati of Tripura with River Megh...

Ministry of Shipping, River Gomati of Tripura, River Meghna, Inland Waterways, Ministry of Shipping, Fund port development

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

Crystal Logistic Cool Chain raises funding from NEEV Fund

March 2017

Private equity firm Neev Fund, which is backed by India’s largest lender State Bank of India, has struck its second deal this year in a cold chain lo...

Private equity firm Neev Fund, VCCircle, Cold chain logistics service provider, SEBI, UK Government Department, International Development, Murari Lal Agarwal, Crystal Logistic, Brightlink Partners, Intellivate Capital

Crystal Logistic Cool Chain raises funding from NEEV Fund

March 2017

Private equity firm Neev Fund, which is backed by India’s largest lender State Bank of India, has struck its second deal this year in a cold chain lo...

Private equity firm Neev Fund, VCCircle, Cold chain logistics service provider, SEBI, UK Government Department, International Development, Murari Lal Agarwal, Crystal Logistic, Brightlink Partners, Intellivate Capital

NHAI to float bids for monetising 10 highways

March 2017

Buoyed by response from international institutional investors, the National Highways Authority of India (NHAI) plans to come out with bids for moneti...

NHAI, Canadian Pension Fund, Abu Dhabi Investment Fund, Demonetisation
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