Read more about India Grid Trust to mull raising debt on 16 March on Business Standard. The board of India Grid Trust will meet on Tuesday, 16 March 2021, to consider raising debt through various sources.
Read more about IndiGrid to buy 100% stake in NER II from Sterlite Power for Rs 4,625 cr on Business Standard. India Grid Trust signed a share purchase agreement to acquire NER-II Transmission from Sterlite Power as part of the framework agreement.
‘M&A in infra sector to pick up pace with new players, novel financing models’
March 07, 2021
Deepto Roy, Partner, Shardul Amarchand Mangaldas & Co×
Infrastructure sector is poised to see further acceleration with the Government planning monetisation of some of the completed PPP projects to redeploy the funds for new ones. The Government has massive plans for monetisation of PPP projects and government infrastructure assets, which will see further boost in M&A activities, according to Deepto Roy, Partner, Shardul Amarchand Mangaldas & Co.
In an exclusive interaction with
BusinessLine, Roy said, “The largescale distribution reforms in the electricity sector should also improve the financials of the generating companies, which may lead to more deal certainty and better valuations.”
Interups forms joint venture with Bansal Group to upgrade the Habibganj Railway Station
March 05, 2021
Interups buys 49 per cent stake in the Bansal Pathways Habibganj Pvt Ltd
Interups has inked a ₹950-crore joint venture deal with the Bhopal-based Bansal Group. Through this deal, Interups will get 49 per cent stake in the Bansal Pathways Habibganj Private Ltd. The joint venture will focus on upgrading the Habibganj Railway Station.
This is a PPP model initiative through which India will get its very first private railway station, Habibganj, Bhopal (Madhya Pradesh) is all set to become a swanky commercial hub with shops, offices and hotels.
Policy and regulatory framework for discoms in the offing, says PM Modi business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.