Thursday, July 17, 2008

'To keep pace with the demand, we need public-private partnerships.'

Why PE has taken little interest in the Indian mining sector

The mining sector is experiencing tremendous demand, and prices of raw material are at an all-time high. Naturally, mining projects, both domestic and abroad, have become more viable than ever before, according to experts.
While new business models have evolved due to higher levels of liquidity and greater degree of participation from project financing companies, private equities and financial institutions, is financing easy? “Bringing new assets to stream remains replete with challenges and risks,” says Mr Kameswara Rao, PricewaterhouseCoopers’ India Energy, Utilities and Mining leader.

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