When it’s information technology (IT), Bangalore shows the way. Infusion of IT into India’s urban transport infrastructure has mostly been piecemeal, sometimes defeating the purpose. As Praveen Sood says,
Author: admin (Infratructure Today)
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Better integration and risk diversification needed
Indian cities planning newer forms of urban transport would need to closely examine the imperatives of an integrated system, which is lacking in spite of the fact that the projects are new—say developers and vendors.
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A mismatch in expectations
Pipelines and transmission lines have lower resistance to RoW or RoU acquisition than that for industries or power plants, except in cities. But that’s changing, says Janaki Krishnamoorthi, who analyses projects that have been stalled because of public protest against low compensation.
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An unclear path
AS Malik describes the do’s and don’ts of scaling the acquisition and clearances challenges in pipeline projects. Pipelines are cost effective, energy efficient, safe and environment friendly with minimal impact on land use pattern and negligible loss
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Expanding Public Purpose definition is critical
Even before a parliamentary panel form sought critical changes that could thwart the industry, the Land Acquisition Bill, now planned for the monsoon session of the Parliament, needs to change several thorny clauses including a definition of public purpose
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Incentive-led land acquisition key to better results: Experts
Land acquisition is such a sticky problem because land value can be variously estimated and therefore debated. Some states that have implemented incentives have benefited—such as one for not exercising litigation.
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Infra valuations have hit rock bottom, will bounce back henceforth
As reports say that FY2012 was the year when project completion was its highest ever, is the spiral of low confidence-locked funds-low valuations-slow completion finally a thing of the past?
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Consider development in addition to projects
Institutional investment in the recently introduced IDFs will require sovereign guarantees. Projected not merely as a factor of a single project but for several projects in a developmental cluster, such government guarantees can reduce the chances of the risk.
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De-risking will become priority for infrastructure
Insurance can succour creditworthiness, financial closure and project success. Yet it does not cover critical items responsible for project overruns and slowdowns.
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Leaders required at all levels
Dearth of good talent is resulting in mid-level managers having to take on newer roles in sectors in which they have not worked before—needing them to innovate how they will lead teams. Rumjhum Chatterjee says leaders are not born but made.