ICICI Bank plans Rs 4,000 crore Infrastructure Bond raise

22 Sep 2023 CW Team

ICICI Bank is exploring the possibility of raising Rs 4,000 crore through infrastructure bonds, as reported by Economic Times. This initiative aims to channel funds into crucial urban infrastructure projects. The move signifies the bank's commitment to supporting India's infrastructure development, a key driver of economic growth. Infrastructure bonds are long-term debt instruments used to raise funds for infrastructure projects like highways, bridges, and power plants. They offer an attractive investment avenue for individuals and institutions alike. ICICI Bank's potential bond issue aligns with the government's focus on boosting infrastructure investment to propel economic development. The funds raised through these bonds can significantly contribute to addressing the infrastructure deficit in the country, providing impetus to critical sectors and generating employment opportunities. Investors are expected to find these bonds appealing due to their steady returns and the bank's reputable standing in the financial sector. This move by ICICI Bank highlights the growing importance of the private sector's involvement in financing infrastructure projects. It is a positive step towards fulfilling India's ambitious infrastructure goals and fostering economic growth.

Infrastructure Energy

09 Mar 2026

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..