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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.
UK-based manager could make its first move outside British Isles after expanding into bioenergy this year.
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.
Firm shows continued bullishness towards India market by acquiring loss-making asset that connects gas reserves off east coast with urban centres in west.
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.
Both companies and UK development finance institution CDC will jointly invest $330 million in Ayana Renewable Power.
The government believes worsening borrowing conditions and lower traffic on the roads offered failed to attract investor interest.
Delhi’s financial investigation agency has raided six offices, to look into allegations of “money siphoning”.
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%.
The country’s highways authority will have to choose between accepting a bid that’s lower than its base price of $766m or restructure and re-tender the bundle of eight toll roads.
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