Over years, the list of profit-making construction companies has been shrinking.
Likely to enhance liquidity and contractor’s ability to take up fresh projects.
Steel is used in almost every aspect of our lives from cars to refrigerators to washing machines to roads, bridges, ships, airplanes, etc, and extensively in engineering and construction work.
While the government has outlined a $5 trillion economy plan, challenges and hindrances continue to plague infrastructure development.
Rs 1.70 tn is being allocated for transport infra in the Union Budget 2020-21
Major investment is required towards ensuring sanitation facilities in every town and village across the country, and the supply of potable water
This technology will revolutionise infrastructure, construction and mining in the country.
The sector seeks exemption from cross subsidy, transmission charges for renewable energy
The agreement includes a commitment of $150 million in the NIIF Master Fund and co-investment rights of up to $450 million in future opportunities.
Now, with the availability of bank debt financing, InvIT issuances can further gain prominence, says ICRA