SPV formed for privatization of power distribution in Gujarat
The Government of India has approved the formation of a special purpose vehicle (SPV), which will be responsible for the electricity distribution network in union territories of Diu, Daman, Dadara and Nagar Haveli. The SPV, DNH-DD Power Distribution Corporation Limited, will be a wholly-owned government company.
The selected bidder will be responsible for the electricity distribution network, which will have the capacity to carry nearly 25 BU of power to over 3.8 million customers and cater to a peak demand of over 5,000 MW.
Country updates
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December 01, 2021
India invites bids for Dwarka stadium PPP in New Delhi
Delhi Development Authority (DDA) in New Delhi, India has launched a notice inviting bids for Dwarka international stadium PPP project. The stadium will be situated on a 54 hectares site in the Dwark...
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November 09, 2021
CPP investment to acquire 25% stake in National Highways Infra Trust
Canada Pension Plan Investment Board (CPPIB) has announced the acquisition of 25% of the units in the National Highways Infra Trust, an infrastructure investment trust (InvIT) sponsored by the Nationa...
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November 02, 2021
Cintra submits bid to acquire 24.90% stake in IRB infrastructure developers
Cintra, the toll road subsidiary of Ferrovial, has filed a bid to acquire up to 24.9% of IRB Infrastructure Developers. The transaction represents an investment of around EUR364 million (US$420.8...
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October 20, 2021
India selects developer for Nangalbibra - Bongaigaon transmission line PPP
The Government of India has awarded the Nangalbibra ─ Bongaigaoninter - state power transmission project to Sterlite Power. The project elements consist of a new 220/132 kV substation at Nangalb...
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October 04, 2021
AIIB to invest USD356.67 mn in metro PPP project in India
The Asian Infrastructure Investment Bank (AIIB) has approved a USD356.67 million loan to the Government of India for the expansion of the Chennai metro rail system.
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