The Centre’s goal of attaining practically 500 GW of put in renewable vitality (RE) capability by 2030 necessitates vital investments within the transmission house. The Central Electrical energy Authority (CEA) estimates that ₹2.2-lakh crore can be required for inter-state transmission system (ISTS) from FY24 to FY28. Moreover, the CEA tasks a necessity for round 47 … Read more
Everstone-backed IndoSpace, which develops and manages industrial and logistics parks in India, has began work on floating an infrastructure funding belief (InvIT) and lift round $700-800 million, sources mentioned. This would be the largest InvIT in India. Talks are on with funding bankers, they usually embody Morgan Stanley, Jefferies, and Goldman Sachs, amongst others. The … Read more
In a season that’s flooded with IPOs of firms, we’ve got a brand new infrastructure funding belief (InvIT) hitting the markets. Bharat Highways InvIT has come out with an preliminary public providing of items to the tune of Rs 2,500 crore. The value band per unit is Rs 98-100. Not like common IPOs, this provide … Read more