Home India

India

NIIF and PSP’s Roadis launch $2bn platform to invest in India’s roads

Under the initial agreement, the fund and PSP-owned highway operator Roadis will invest in new opportunities on a 50:50 basis.

Investors hit pause as Indian elections loom

Prime Minister Narendra Modi is perceived as a reformer that helped lure foreign capital into India's infrastructure sector, but experts believe the market will remain attractive even if the incumbent PM suffers an electoral defeat.

Greencoat considers expansion into Indian renewables – exclusive

UK-based manager could make its first move outside British Isles after expanding into bioenergy this year.

Higher returns and secondary opportunities keep infra investors committed to Asia-Pacific

However, political risk, regulatory instability and lack of support for PPP projects are among the main concerns for those investing in region’s emerging markets.

Brookfield lines up largest-ever India deal with $1.9bn purchase of gas pipeline

Firm shows continued bullishness towards India market by acquiring loss-making asset that connects gas reserves off east coast with urban centres in west.

India’s Adani outbids AMP, NIIF to win second bundle of airports

The infrastructure conglomerate emerged as the winner of a 50-year concession for six airports located in state capitals and densely-populated areas in the country.

NIIF, Eversource acquire stake in UK-backed Indian renewables platform

Both companies and UK development finance institution CDC will jointly invest $330 million in Ayana Renewable Power.

India shelves second bundle of toll roads due to lacklustre response

The government believes worsening borrowing conditions and lower traffic on the roads offered failed to attract investor interest.

Police raids IL&FS’ offices as money misuse investigation kicks off

Delhi’s financial investigation agency has raided six offices, to look into allegations of “money siphoning”.

Cube Highways snaps up three greenfield assets under new development model

The government will assume 40% of the construction costs, while I Squared's Indian roads platform and Indian developer KNRC will assume the remaining 60%.

Copyright PEI Media

Not for publication, email or dissemination