The recent notification of bidding guidelines by the Government of India for the award of wind power projects is a positive development for the sector. The guidelines address some of the key concerns for the sector pertaining to off-taker’s credit profile, grid curtailment and termination payments.

If the Indian economy needs to sustain its growth momentum in the coming decade, developing world-class infrastructure facilities is of paramount importance. Traditionally in India, a significant portion of debt requirement for financing infrastructure has been met by borrowing from domestic banks.

The air travel boom in India has thrown up a new set of challenges before the country's aviation sector. The airport infrastructure needs to be ramped up on priority for the growth momentum to be sustained in the long term.

Siemens Ltd has commissioned India’s first condensate throttling-based Primary Frequency Control Solution at National Capital Power Station (NCPS), NTPC Dadri (Stage 2, Unit 6). Condensate throttling, based on Siemens’ SPPA-P3000 Frequency Control Solution, is used for immediate generation of additional power for frequency control.

The Insolvency and Bankruptcy Code, 2016 is a comprehensive piece of legislation that touches all insolvency and bankruptcy issues of companies, limited liability partnerships (LLPs), limited liability entities, individual and partnership firms.

The economy is huffing and puffing. Its health report indicates a serious infection. The economy has been inflicted with two rounds of disruptions which have caused it to sputter; Demonetisation and GST. Before the GDP numbers were recalibrated, the GDP numbers had turned in sub six percent figures.

Private thermal projects are staring at muted power demand, which is the effects of non-remunerative tariffs partly due to aggressive bids and some adverse perception due to falling renewable tariff, says India Ratings and Research (Ind-Ra).

On July 1, 2017 a new tax regime, in the works since over 15 years, designed as 'One Nation, One Tax', went live! Its impact on infrastructure will resolve future litigation in this area and although will mean higher tax, will also allow input tax credit in many categories.

Tilak Raj Seth, Executive Vice President, Mobility, Siemens, feels implementation of PPP will provide a fillip to railway projects in India. However, given the size and rapid growth in the country's rail sector, availability of trained manpower will remain a primary challenge.