ShailajaSharma
Stories by ShailajaSharma
ITNL sells 15% more stake in Gujarat road project to Australia’s Macquarie Group
After the latest transaction, Macquarie will hold a 56.8% stake in Gujarat Roads and Infrastructure, while ITNL will cease to have management control.
India: Goldman Sachs-backed ReNew Power initiates process to launch an IPO
Apart from Goldman Sachs, other investors in the company include the Asian Development Bank, Abu Dhabi Investment Authority and Global Environment Fun
India: GMR Infrastructure announces strategic debt restructuring of energy unit
GMR Infrastructure, which has interests in airports, energy, transportation and urban infrastructure, is monetizing assets to repay creditors after ye
India: Infra veterans in big demand as investors look to revive projects
Brookfield, which acquired nine assets from Gammon Infrastructure Projects Ltd last year, has hired former Gammon Infrastructure managing director Par
India: GMR sells 30% stake in GMR Energy for $300m to Malaysia’s Tenaga Nasional
GMR Energy expects to benefit from Tenaga Nasional’s experience in improving the performance of its operational assets and develop its pipeline of h
India: JSPL to divest steel and mining assets, expand power business portfolio
CEO Ravi Uppal described debt-laden JSPL as a “growing business” and said the company was working with urgency to completely divest “certain ass
India: JSW Energy to buy JSPL’s power project for $600m
Sajjan Jindal-led JSW Energy Ltd has said it will buy 100% of Jindal Steel and Power Ltd’s (JSPL) 1,000 megawatt (MW) thermal power plant in Chhatti
India: NCC to sell part stake in power JV to Sembcorp for $45m
Sembcorp Utilities will own 88% of SGPL while the remaining stake will be held by Gayatri Energy Ventures through NCC Infrastructure Holdings.
India: ITNL in advanced talks with I Squared Capital to sell two road assets
Deal to sell majority stake in annuity assets to US-based I Squared Capital likely to be done in next two quarters
