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Sanjay Gupta is the youngest Chairman & Managing Director in the 28-year history of Konkan Railway Corporation (KRCL).
Stakeholders harp on the government's infrastructure push and expect construction orders of Rs.18 trillion in the next six years. This order inflow volume should support 12 to 15 per cent of industry-level execution of compound annual growth rate (CAGR).
The Railways has sizeable capex plans for the five year period 2015-19 involving a capital outlay of Rs.8.56 trillion. The annual capital outlay for FY2016-18 was increased significantly to meet the five-year targets. NITI Aayog has also finalised the three year action agenda (2018-20).
Investment opportunity stems from efforts of making rolling stock safer, faster and more efficient. The thrust on electrification is expected to give a spurt to electric locomotives, bringing down the fuel bill significantly, even as increasing investment in higher horse power locomotives will support longer rakes.
Budget allocation of Rs 600 crore for projects under Sagarmala, Rs 322.6 crore for the development of ports and Rs 508 crore for grants to the Inland Water Transport Authority of India.
Higher capital expenditure outlay for the railways (increased by 11.8 per cent from 2017v18 and 22.1 per cent from 2017v18) at Rs 1.46 lakh crore to support infrastructure projects. Of this, the budgetary allocation from the government stands at Rs 53,060 crore (up from Rs 40,000 crore in 2017v18, and marginally lower than 2017v18).
Policy actions to revive stalled projects, expedite approvals, introduce hybrid annuity and toll-operate-transfer (TOT) models in highways, and sustain rapid growth in renewable capacity augur well for the infrastructure financing landscape.
It was 6.15 pm with 15 minutes to go for the mega event of the infrastructure equipment industry. Meanwhile, the Viceroy Hall at the heritage Claridges Hotel located in New Delhi's famed Lutyen's Zone was already filled to capacity.