Projects

Indo-French Environment Year launched India can motivate many many countries in the field of sustainable development, said French Minister for Ecological Transition Barbara Pompili who launched the Indo-French Year of the Environment in New Delhi on 28 Jan 2021. She...

DIAL to seek Rs.20bn lease financing Delhi International Airport Ltd (DIAL) has invoked a force majeure clause owing to the pandemic, allowing it to benefit from an interim stay on high revenue share payments to Airport Authority of India (AAI),...

PM Modi explains to global business leaders at WEF The Indian Government has invested US$150 billion in urban development during 2014-20 and is focused on sustainable urbanisation such as ease of living, ease of doing business and climate sensitive development,...

Boost to infrastructure spending would kindle demand for infra-focused NBFCs The public sector banks (PSBs) capital requirements would rise on account of the estimated Rs.23,000 crore Additional Tier I (AT-I) bonds where a call option would fall due next year,...

Credit quality of India Inc has experienced rapid changes The outlook on India's infrastructure-related sectors viz., Roads and Ports is Stable. Growth in toll collections and higher cargo growth, respectively, will drive these sectors’ profit and revenue growth, ICRA Review...

Goyal reviews work progress of bridges and tunnels The iconic 1,315-m Chenab Bridge at a height of 359-m above river bed will be the highest railway bridge in the world when completed in March 2021 as part of the 272-km...

No invoking of force majeure clause for payment of Civil Aviation fees Airport operator GMR Hyderabad International Airport Ltd's (GHIAL; BB-/Negative/--) will face peak capital expenditure (capex) requirements of Rs.16 billion-Rs.18 billion in fiscal 2022 (year ending 31 March 2022),...

Expect no significant investment in Carmichael Coal Mine S&P Global Ratings expects Adani Ports and Special Economic Zone Ltd's (APSEZ) capital structure can accommodate headwinds, given the management's ability to adjust growth aspirations, shareholder distribution, and investments. "We estimate APSEZ's...

Tyagi says project to be commission in Q1 2022 A global EPC and turnkey project management company, Nuberg EPC has been awarded the prestigious 500 TPD Sulfuric Acid Plant project on engineering, procurement, construction, lump sum and turkey basis basis...

NHPC-JKSPDC to build Chenab river plant  The Cabinet has approved Rs.5,281.94 crore for 850 MW Ratle Hydro Electric (HE) Project located on river Chenab, in Kishtwar district of Union Territory  of Jammu and Kashmir to be managed by a  Joint Venture Company between National Hydroelectric Power Corporation (NHPC) and Jammu & Kashmir State Power Development Corporation Ltd...