Actis Plans $2.5B Investment in Energy Infrastructure

Actis expands Indian roads portfolio, acquires NHAI HAM concessions

On February 8, Actis, an emerging markets infrastructure investor, announced its acquisition of a portfolio comprising four Hybrid Annuity Model (HAM) road assets from Patel Infrastructure Ltd, a construction firm.

Actis has already finalised the acquisition of two completed assets, with plans to acquire an additional two upon completion, according to a statement. While the financial details remain undisclosed, Actis emphasised the attractiveness of these assets, awarded by the National Highways Authority of India (NHAI), due to their availability-based fixed revenues with interest rat..

Actis acquires 4 HAM road assets from Patel Infra

Actis, a leading global investor in sustainable infrastructure, has announced its acquisition of four key assets from Patel Infrastructure, located at 4 Ham Road. This strategic move marks Actis's continued commitment to expanding its infrastructure portfolio and underscores its confidence in India's infrastructure sector.

The assets acquired by Actis include crucial infrastructure projects vital to the region's development. This acquisition aligns with Actis's focus on investing in sustainable infrastructure that fosters economic growth and societal progress.

Patel Infrastru..

CDPQ and Actis Compete for Ashoka Concessions BOT Road Assets

In a significant development in the infrastructure investment sector, CDPQ and Actis are locked in fierce competition to acquire the BOT (Build-Operate-Transfer) road assets of Ashoka Concessions. These prominent investment firms are strategically positioning themselves to seize control of key road infrastructure projects, eyeing lucrative opportunities in India's growing transport network. The assets in question encompass a portfolio of roads and highways, crucial components of the country's transportation backbone. This bidding war signifies the attractiveness of India's infrastructure marke..

Jindal Steel & Power's Q4 Profit After Tax Doubles to Rs 9.33 Bn

Jindal Steel & Power Limited (JSPL) has reported a remarkable achievement in its financial performance for the fourth quarter, with its profit after tax (PAT) doubling to Rs 9.33 billion. This significant growth underscores the company's robust operational performance and strategic initiatives, reflecting its resilience and adaptability in the competitive steel and power sectors.

The doubled PAT for the fourth quarter is a testament to JSPL's effective management strategies and operational efficiency. It signifies the successful execution of the company's growth plans and its ability t..

Impending Solar Storm Threatens Earth

The global scientific community is abuzz with the news of an impending severe geomagnetic storm predicted to hit Earth late Friday night, on May 10. A series of solar flares and coronal mass ejections (CMEs) that began on May 8 are expected to trigger northern auroras and possibly disrupt satellite communications, electric power grid, and even trigger GPS problems.

Astronomers around the world pointed their telescopes at the sun on Friday, marveling at the abnormally large sunspots ever seen on the surface of the local star. The unusual solar activity gave rise to many theories and spe..