High Court suspends electricity distribution privatization in Gujarat
The Bombay High Court has suspended the tendering process until April 30, 2021, for the privatization of electricity distribution lines located in union territories of Gujarat namely Dadra Nagar Haveli, Daman, and Diu.
The bid for the stake in the discom was part of the government’s strategy to privatize these utilities to improve efficiency.
Country updates
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March 02, 2021
Bidder selected for electricity distribution line privatization in India
Torrent Power Limited has emerged as the preferred bidder for the privatization of power distribution lines located in union territories of Gujarat namely Dadra Nagar Haveli, Daman, and Diu. Torrent P...
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February 27, 2021
Power Grid to acquire 74% stake in Jaypee Powergrid Ltd
Power Grid Corporation has announced to acquire 74 % stake in Jaypee Powergrid Ltd (JPL) from its joint venture partner Jaiprakash Power Ventures Ltd. Jaypee Powergrid Ltd (JPL) is an incor...
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February 16, 2021
Sustainable Infrastructure Income Fund surpasses EUR100 million
ThomasLloyd has announced that its Sustainable Infrastructure Income Fund (SIIF) surpassed EUR100 million (US$121.3 million) in assets under management. The SIIF is the world’s first...
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February 16, 2021
Adani completes acquisition of 23.5% stake in Mumbai International airport
Adani Group has announced that it has completed the acquisition of a 23.5 % stake in Mumbai International Airport (MIAL) from Bidvest and ACSA Global. MIAL is responsible for modernizing and...
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February 11, 2021
Nine companies interested in New Delhi railway station redevelopment PPP
The Rail Land Development Authority (RLDA) has received nine qualifications for the New Delhi railway station redevelopment PPP project. The project includes the design, build, finance, oper...
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