2nd auction on subsidy to gas-based power projects on Sep 15

Last Updated: Sunday, September 6, 2015, 12:32

Under the plan, liquefied natural gas (LNG) will be imported and cash-strapped state power distribution companies will be financially supported to buy electricity from them.

IRB Infra in pact with NHAI for Rs 2,650-cr road project

Last Updated: Thursday, September 3, 2015, 11:20

IRB Infrastructure Developers on Thursday said it has executed concession agreement with NHAI for Rs 2,650-crore project of six laning of Agra-Etawah Bypass section in Uttar Pradesh.

India seeks SoftBank push for Modi's solar goal

Last Updated: Monday, August 31, 2015, 21:00

India has closed bids for a third of its target of tendering 15,000 megawatts (MW) of solar projects this fiscal year, a government official said, and is expecting interest from investors such as SoftBank to lift the industry.

Easy exits to release Rs 4,000 cr to road developers: Ind-Ra

Last Updated: Monday, August 31, 2015, 14:48

Easy exit options for completed road projects will release Rs 4,000 crore to developers, which can be ploughed back in infrastructure projects or used to retire debt, India Ratings and Research (Ind-Ra) said on Monday.

Brookfield buys nine projects from Gammon Infra for Rs 6,750 crore

Last Updated: Saturday, August 29, 2015, 10:41

Gammon Infrastructure has sold stake in 9 projects valued at Rs 6,750 crore to Brookfield and Core Infra India Fund, a deal that will fetch Rs 563 crore as well as reduce its debt by Rs 1,718 crore.

Realtors seek effective implementation of Smart City projects

Last Updated: Thursday, August 27, 2015, 17:13

The Confederation of Real Estate Developers' Association of India (CREDAI) also demanded that the private sector should be roped in to realise this mission.

Developers allowed to divest 100% equity in road projects

Last Updated: Wednesday, August 26, 2015, 22:47

The government Wednesday allowed developers to divest 100 percent equity in projects two years after the completion of such schemes, a move that can unlock investments worth about Rs 4,500 crore in the sector.

List of 100 smart cities to be out by Sept 1, says Minister

Last Updated: Saturday, August 22, 2015, 18:12

The Government is set to announce by September 1 the names of urban centres that would figure in the list of 100 smart cities, a flagship scheme of the Narendra Modi administration.

Housing-for-All: States to be involved in planning, decision-making

Last Updated: Thursday, August 20, 2015, 22:13

For smooth implementation of the ambitious 'Housing-for-All' scheme, the Centre has proposed to decentralise the process by involving state governments in the planning and decision-making process.

Australia moves to reduce legal challenges to mining projects

Last Updated: Wednesday, August 19, 2015, 19:47

Australia plans to change the law to stop environmental groups from launching "endless legal sabotage" against developments, Prime Minister Tony Abbott said Wednesday after a court this month blocked a massive India- backed mine.

Piramal Fund Management exits luxury projects for Rs 500 crore

Last Updated: Wednesday, August 19, 2015, 15:48

Private equity firm Piramal Fund Management on Wednesday said it has exited its investment in a luxury residential project of realty player Omkar in Mumbai for almost Rs 500 crore.