Special Purpose Vehicles

The Special Purpose Vehicles (SPVs) are mostly for construction of transmission projects in Gujarat, REC Ltd said in a statement.

High WPI to boost toll road revenues for FY18: ICRA

The toll fees are revised annually to adjust for inflation, as determined by the movement in the WPI, which links the revenues of toll road special purpose vehicles (SPVs) to movements in the WPI.

Stake sale will help pare debt by Rs 1718cr: Gammon Infra

Gammon Infra Managing Director KK Mohanty expects to get the capital from the deal in the next 30-45 days, adding that the company is currently awaiting shareholders approval for divesting the assets, he adds.

Govt policies to fuel highway sector revival: India Ratings

An India Ratings report reveal that despite stalled projects and low funding, the highway sector will pick up speed with implementation of government policies and initiatives.

Govt plans cluster development programme for pharma sector

"The Cluster Development Programme for Pharma Sector (CDP-PS) is a Central Sector Scheme. The total size of the scheme is proposed at Rs 125 crore for CDP-PS for the 12th five year plan," Minister of Chemicals and Fertilisers Ananth Kumar said in a reply to Lok Sabha.

Order shortage key issue for power cos, not execution: Pros

The country has installed capacity of more than 20,000-25,000 MW and only 5,600 MW worth of orders got finalized, hence going forward capacity utilization for all power sector players will be less than 25-30 percent. Shortage of orders is more of a problem for the power sector than execution.

Expect 2 key projects to be operational by March: IRB Infra

VD Mhaiskar, CMD, IRB Infrastructure said revenues for Q3 have been robust on back of sound execution of projects on the construction side and also because of higher toll collections.

Securitisation mkt players ask govt for clearer tax norms

The Indian securitisation market is not seeing any takers especially after pass through certificates came under the tax department's scanner earlier this year. The task of reviving this market now falls on the finance ministry, reports CNBC-TV18's Mitra Joshi and Ashmit Kumar.

Future of Multi-Layered Structures?

Last week, in a Conference hall on the 15th floor of the RBI headquarters in Mumbai, 12 people met in a closed door meeting. Now RBI holds plenty such consultative meetings; so why are we getting our knickers in a twist.

Shipping Ministry plans 7 SPVs to set up 7 major ports

The ministry of shipping is planning special purpose vehicles (SPVs) to execute seven big-size ports which are likely to be allowed to raise money from the market.