The Board of GMR Infrastructure approved raising funds of up to Rs 6,000 crore via foreign currency convertible bonds and/or any other security.

Government has set a target to operationalise 100 airports by 2024 subject to availability of supporting infrastructure such as land, statutory approvals etc. Nearly 68 airports have been operationalised for Regional Connectivity Scheme (RCS)-UDAN flights since inception of UDAN scheme.

Karnataka is planning to develop nine water aerodromes to establish connectivity and promote tourism. The government believes it will only need to spend a smaller cost to develop the infrastructure.

Convergence Energy Services (CESL) is planning to expand public electric vehicle charging infrastructure both through partnership with private parties as well as on its own.

Logistics infrastructure major NDR Warehousing is planning to invest more than Rs 2,000 crore to develop its portfolio of warehousing and industrial parks over 20 million sq ft in the next 24 months.

Delhivery, in collaboration with Welspun, is planning to expand infrastructure in Bhiwandi (Greater Mumbai) and Bengaluru. The expansion includes a 7 lakh sq ft mega-gateway in Greater Mumbai and with GMR for a 1 million+ sq ft facility in Bengaluru.

Reliance Infrastructure’s BSES in the national capital region, will install five million smart metres in its designated areas, making it the largest rollout across the country. The company has issued a tender worth Rs 4,000 crore to procure smart metres.

The World Bank has approved a $245 million loan to support India’s efforts to modernise rail freight and logistics infrastructure, the international financial institution.

National Investment and Infrastructure Fund (NIIF) has invested $300 million or Rs 2,250 crore for a 22.5 per cent stake in Hindustan Ports, a local arm of UAE’s DP World. This is the single largest investment by NIIF’s master fund and takes the vehicle’s total investment in DP World’s India arms to $500 million.