Considering India's substantial infrastructure requirement, the Asian Infrastructure Investment Bank (AIIB) has planned to invest about Rs 127 billion in projects including transport (metro), rural (road upgradation), energy (renewables) and water and waste management.
UAE-based NRI-Emirati Investors Group will soon be raising $1 billion for financing infrastructural projects in India, according to reports. This fund is known to be the largest fund being collected by private investors for such a programme.
Subrahmanyan commenced his professional career with L&T in 1984 as a project planning engineer and has risen through the ranks to become, Whole Time Director, Deputy Managing Director and President, L&T.
Jaypee Group was recently in the news as Abu Dhabi National Energy Company (TAQA) withdrew from the Rs 9,689-crore (enterprise value) deal signed on March 1, 2014 to acquire the former's two hydel power projects in Himachal Pradesh. After this Jaypee Group
From its early beginnings as India's first independent marine contractor, Essar Projects Ltd (EPL) has developed an enviable capability spectrum. It has successfully completed the EPC delivery of a 20-mmtpa refinery complex and a 10-mmtpa integrated steel plant on a turnkey basis.