Projects and Project Finance

A significant proportion of project financing in the past year has been in the renewable energy and transportation sectors and this has mostly been from the government or PSU banks

Law relating to Infrastructure Projects is a comprehensive reference book for lawyers and individuals and bodies involved in the implementation and fi nancing of infrastructure projects in India.

Appropriate remedial actions are required under the IBC and/or the RBI Act for infrastructure projects developed on PPP basis.

The failure of the attempted disinvestment of Air India that did not result in any takers and has since been “shelved”, was publicly attributed to the condition that the government of India (GoI) would continue to hold 24 percent stake in the airline after disinvestment.

If the government intends to control the periodic decimation of the economy by cyclical increases in oil prices,
it needs to adopt short-term (introduce differential pricing),
medium-term (create a statutory oil price management fund) and long-term (shift from diesel to LNG/CNG) measures.

Several gas-based power plants were built on government coaxing, but have since been stranded due to the arbitrary flip-flops in the allocation of gas for the sector by the government.