+
Infra-Nirbhar webinar to discuss infrastructure funding
ECONOMY & POLICY

Infra-Nirbhar webinar to discuss infrastructure funding

Prime Minister Narendra Modi while addressing the nation on the 74th Independence Day announced the ambitious Rs 100 lakh crore allotment for the national infrastructure pipeline (NIP) to provide an overall boost to infrastructure development of the country.

Identifying “intent, inclusion, investment, infrastructure and innovation” as the key elements of India's journey for “Atmanirbhar India”, Modi emphasised the importance of infrastructure in speeding up the nation’s development. Therefore, the organisers of the “Infra-Nirbhar” webinar series, CW and Swarajya say, an amalgamation of infrastructure with atmanirbharta (self-reliance) is a subject that lends itself to discussion.

What does it take to fund the ambitious infrastructure plan that this government has proposed while pegging the economy’s revival on that sector? To highlight the demands, challenges, methods and opportunities in infrastructure finance, the next session in the “Infra-Nirbhar”, the free webinar series by Construction World and Swarajya magazine, will be on “Financing Infrastructure”, tomorrow, Tuesday 23 February, from 3:00 pm to 4:30 pm .

Dr TV Somanathan, Expenditure Secretary, Union Ministry of Finance, will deliver the keynote address.

In the effort to catalyse financing in infrastructure, the government announced a dedicated bank for financing infrastructure development projects. The dedicated bank was called “a provider, enabler and catalyst for infrastructure financing”. Creation of a new Development Finance Institution (DFI) to spearhead government spending in infrastructure came as a big announcement. Initially, DFI will be capitalised with Rs 20,000 crore of government equity, allowing it to leverage debt of up to Rs 5 trillion to provide the much-needed financing to infrastructure. The stage is set. But is it enough? How will the remaining amounts be financed? Will we resort to foreign investments after all? Those and more intriguing questions would weave themselves into the discussion.

Other speakers at this webinar are:

Bharat Parekh, Executive Director, Infrastructure Research, CLSA
Palash Srivastava, Deputy CEO, IIFCL
Suneet Maheshwari, Founder & Managing Partner, Udvik Infra
Sudhir Hoshing, Joint MD, IRB Infra
Dr Shubhada Rao, Founder, QuantEco Research (Co-Moderator)
Pratap Padode, Editor-in-Chief, Construction World (Co-Moderator)

Click HERE to register for the FREE webinar.

Also Read: InfraNirbhar: Webinar series by CW and Swarajya
Also Read: Infra-Nirbhar webinar series kicks off with "Metro Vision"

Prime Minister Narendra Modi while addressing the nation on the 74th Independence Day announced the ambitious Rs 100 lakh crore allotment for the national infrastructure pipeline (NIP) to provide an overall boost to infrastructure development of the country. Identifying “intent, inclusion, investment, infrastructure and innovation” as the key elements of India's journey for “Atmanirbhar India”, Modi emphasised the importance of infrastructure in speeding up the nation’s development. Therefore, the organisers of the “Infra-Nirbhar” webinar series, CW and Swarajya say, an amalgamation of infrastructure with atmanirbharta (self-reliance) is a subject that lends itself to discussion. What does it take to fund the ambitious infrastructure plan that this government has proposed while pegging the economy’s revival on that sector? To highlight the demands, challenges, methods and opportunities in infrastructure finance, the next session in the “Infra-Nirbhar”, the free webinar series by Construction World and Swarajya magazine, will be on “Financing Infrastructure”, tomorrow, Tuesday 23 February, from 3:00 pm to 4:30 pm . Dr TV Somanathan, Expenditure Secretary, Union Ministry of Finance, will deliver the keynote address. In the effort to catalyse financing in infrastructure, the government announced a dedicated bank for financing infrastructure development projects. The dedicated bank was called “a provider, enabler and catalyst for infrastructure financing”. Creation of a new Development Finance Institution (DFI) to spearhead government spending in infrastructure came as a big announcement. Initially, DFI will be capitalised with Rs 20,000 crore of government equity, allowing it to leverage debt of up to Rs 5 trillion to provide the much-needed financing to infrastructure. The stage is set. But is it enough? How will the remaining amounts be financed? Will we resort to foreign investments after all? Those and more intriguing questions would weave themselves into the discussion. Other speakers at this webinar are: Bharat Parekh, Executive Director, Infrastructure Research, CLSA Palash Srivastava, Deputy CEO, IIFCL Suneet Maheshwari, Founder & Managing Partner, Udvik Infra Sudhir Hoshing, Joint MD, IRB Infra Dr Shubhada Rao, Founder, QuantEco Research (Co-Moderator) Pratap Padode, Editor-in-Chief, Construction World (Co-Moderator) Click HERE to register for the FREE webinar. Also Read: InfraNirbhar: Webinar series by CW and Swarajya Also Read: Infra-Nirbhar webinar series kicks off with Metro Vision

Next Story
Infrastructure Energy

UERC Rejects Pleas Over Cancelled 200 MW Solar Awards

The Uttarakhand Electricity Regulatory Commission (UERC) has rejected review petitions filed by 12 solar developers against the cancellation of Letters of Award (LoAs) issued under the state’s 200 MW Solar Programme.The scheme, launched by the Uttarakhand Renewable Energy Development Agency (UREDA) under the 2013 solar policy, aimed to help Uttarakhand Power Corporation Ltd (UPCL) meet its renewable purchase obligations through tariff-based competitive bidding.The projects—classified under the Type I category—had original commissioning deadlines in 2019–2020, later extended multiple ti..

Next Story
Infrastructure Energy

Solarium Wins Rs 266 Million Rooftop Solar Orders

Solarium Green Energy has secured two significant work orders valued at a combined Rs 266 million for rooftop solar projects across various locations in the Northeastern States, under the Ministry of Home Affairs.The first order, worth approximately Rs 129.8 million, was awarded by NTPC Vidyut Vyapar Nigam Limited (NVVN) for the development of a 3,319 kW rooftop solar photovoltaic (PV) project. This was tendered under the NVVN’s “Selection and Discovery of L1 Rates for Rate Contract for EPC of Grid Connected Rooftop Solar PV Projects (51–200 kW) across India”. The project is scheduled ..

Next Story
Real Estate

Omaxe Secures Rs 5 Billion From Oaktree For Expansion

Omaxe Group has raised Rs 5 billion in funding from Oaktree Capital Management LP, a global investment firm specialising in alternative investments, to fuel the development of ongoing projects and support future growth plans.In a regulatory filing dated 28 July, the company confirmed that the funds will support construction and infrastructure development across key markets, including New Chandigarh, Lucknow, Ludhiana, and Faridabad. The capital will also be directed towards flagship projects such as Omaxe State in Dwarka, an upcoming integrated township in Amritsar, and a new township in Indor..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?