After having progressed from urban housing quietly to a significant player lending and consulting to the infrastructure sectors, this corporation has shied away from lending to some of the infrastructure sectors, VP Baligar, Chairman and Managing Director, HUDCO, explains to Shashidhar Nanjundaiah how the corporation has bucked the trend of gloom and uncertainty in the infrastructure sector, and lays out big plans over the next two years.

Drought conditions have a light at the end of the tunnel they must end. Such is also the case with India´s infrastructure finance. Investors await some positive news. Many experts believe there is already positive sentiment in the market, but the boom may be back only after elections next year. This section asks trenchant and earthy questions about infrastructure finance.

The Group Gathering Station, Assam Renewal Project, of the public-sector Oil and Natural Gas Corporation in Assam was inaugurated by the Union Minister of Petroleum and Natural Gas M Veerappa Moily on November 18. Hyderabad-based Megha Engineering & Infrastructure (MEIL) is the lead partner of the consortium which executed the project.

Following is the list of the projects which was cleared by Project Monitoring Group

The Union Minister of Petroleum and Natural Gas M Veerappa Moily has approved a proposal to extend the scope of the Scheme for sale of non-subsidised 5 KG LPG cylinders from Petrol Stations(Petrol Pumps/Retail Outlets) of Oil Marketing PSUs (OMCs) in other parts of the country subject to the Election Code of Conduct.

If there is a signal from the government for continuous development in the form of announcement of infrastructure projects, then equipment manufacturers will not shy away from further investments. A lot of manufacturers have come in, invested and are now waiting for such big projects to take off.

The financial champion of the much-hyped DMIC is largely tight-lipped about it. Shin Oya, Chief Representative, Japan Bank for International Cooperation (JBIC), tells Shilpi Aggarwal why his country may be waiting for the next general elections, is guarded on some questions but has no hesitation to say why the Indian government must treat ECBs better,

To ease traffic snarls in Bangalore, flyovers and ring roads have been built and are being built in several areas. But prolonged delays in building some flyovers like the ones at Thanisandra, BEL Circle in the city have been causing hardships.

The losses of power distributing firms to the government-owned power generating firms have swelled to a mammoth Rs 15,792 crore at the end of last September while last year’s government promised loss restructuring package for electricity distribution companies is yet to be realised. The swelled sum is a two-and-a-half times jump over total dues of Rs 6,200 crore three years back in June 2010.