232 articles in India
There are a mix of infrastructure funds, buy-out funds, and growth investors backing the water sector. Who are the main players?
The water utility in India’s fifth-largest city is battling to grow both its water and sewerage coverage, even as power costs eat away at its revenues. NRW reduction will be key.
Credit rating agency Moody’s has assigned a Aa2 rating to the new $350 million bond issued by Korean utility K-water, which is documented under a new $2 billion EMTN programme.
The merger between Indian EPC contractor Earth Water Group and Norway’s Aqualyng looks to be off the cards. With an eye to an initial public offering in 2018 or 2019, Aqualyng is understood to be carrying out due diligence on an alternative merger option.
The Indian government is in the final stage of consultation on new standards for the quality of treated sewage, which it is widely believed will necessitate the upgrade of all existing wastewater treatment plants to tertiary treatment levels. Not all experts agree.
A landslide victory for Indian prime minister Narendra Modi’s ruling BJP party in the elections in Uttar Pradesh (UP) and Uttarakhand has boosted stocks across India, as markets saw a sign of faith in Modi’s landmark policies, including the Ganga river clean-up plan.
Private finance models feature heavily in the latest flurry of desalination tenders to come out of India. Why are bidders more excited about a design-build-operate opportunity in Chennai?
As the Modi government rolls out the first of its long-awaited hybrid annuity PPPs for wastewater treatment in the Ganga river basin, state elections are threatening the programme with yet more delays. What is going on behind the scenes?
Indian water pure-play seeking strategic partner to boost sales to $100m per year Vol 18, Issue 2 (February 2017)
Rean Water Tech, a young municipal water pure-play set up by former managers of Swach Environment, is looking for a strategic partner to achieve its dream of reaching $100 million in annual revenues within five years. MD Hitesh Arora spoke to GWI about his plans.
Privately held Chinese water project developer Poten Environment is due to list on the Shanghai stock exchange on 17 February. Venture capital-backed CSD Water Service is likely to be next, after it received approval to sell a 25% post-money stake via a Shanghai IPO.