Coal India plans syngas projects near gas-based power, DRI and fertiliser units as gas supply tightensIn a strategic move to bolster energy security, Coal India is gearing up to establish new coal-to-syngas facilities strategically positione...
InvITs can eaise extra debt to fund capex, repairsIn a significant regulatory shift, India's Securities and Exchange Board of India (Sebi) has unveiled new guidelines for Infrastructure Inv...
Sebi expands permitted use of borrowings for highly leveraged InvITsThe changes, which have come into force with immediate effect, are aimed at providing greater flexibility to InvITs in managing funding req...
Kaynes Tech shares fall another 5% a day after crashing 20%. What brokerages fear the most?Kaynes Tech shares extended losses, falling another 5% after a 20% crash following weak Q4 earnings. Profit declined 22% YoY despite 26% re...
Dharavi Redevelopment: Upper-floor home rehab hinges on ground-floor eligibilityUpper-floor residents in the Dharavi redevelopment project may face eligibility challenges, as their rehabilitation depends partly on wheth...
124 villagers voluntarily hand over land parcels for Vadhvan Port in Palghar districtVillagers in Palghar have voluntarily given land for the Vadhvan Port project. As many as 124 landowners agreed to government terms. This l...
Market remains stock-specific as earnings divergence widens across sectors: Dharmesh KantMarket expert Dharmesh Kant highlighted strong numbers for Bajaj Finance, though macro headwinds may impact near-term performance. He expre...
Transmission sector set for FY27 turnaround after five sluggish years, report says Rs 7.6 trillion opportunity aheadIndia's power transmission sector anticipates a strong recovery by FY27. Regulatory changes and new investment models will drive capital fl...
Power Finance Corp arm incorporates SPV for Latur transmission projectPower Finance Corporation's subsidiary PFC Consulting Ltd has established a new company, Latur REZ Transmission Ltd. This special purpose v...
States repurpose Smart City SPVs post-missionWith the Smart Cities Mission concluded, state governments are striving to maintain the relevance of established SPVs. These SPVs are trans...
Power Grid acquires SPV to build transmission projectThe inter-state transmission system comprises upgradation works at 400/132kV Banka (Bihar) with implementation schedule of 24 months and es...
NHAI plans to monetise projects worth Rs 3 lakh croreThe authority plans to raise Rs 20,000-25,000 crore through the SPV model, and Rs 10,000 crore through the toll-operate-transfer model in 2...
National Highways Authority of India forms SPV to fund Delhi-Mumbai ExpresswayThe 1,300-km long Delhi-Mumbai greenfield expressways is one of the flagship projects of Bharatamala, India’s highways development program....
Sadbhav Infrastructure Project raises Rs 200 crore via NCDsSadbhav had incorporated Sadbhav Infrastructure Project Ltd (SIPL) as a subsidiary back in 2007 as an asset holding company for road and ot...
Cabinet nod for SPV for port-related rail projects fundingThe govt would register the SPV as a company with an initial authorised capital of Rs 500 cr. The initial subscribed share capital would be...
Exit policy for highway projects hits hurdleThe exit policy for highway projects announced in July in a bid to release the much-needed equity into the sector, has hit a fresh hurdle.
- Gammon Infra to dilute stake in SPV; stock up
Gammon Infrastructure is in talks with PE players to dilute stake in one of its Special Purpose Vehicle to raise funds.