Nitin Gadkari, Union Minister for Road Transport and Highways is upset with cement cartelisation and faulty detailed project report (DPR) preparations and has set a roadmap for stepping up road construction pace and quality in surface material with innovative mixes. Speaking exclusively to Pratap Padode, Editor-in-Chief of ASAPP Info Global Group at the āInfraNirbhar Webinar...
Author: admin (Infratructure Today)
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DFI to deliver long term-economic returns
As a development finance institution (DFI), the National Bank for Financing Infrastructure and Development (NaBFID), will facilitate cheap capital for public works programmes and projects, says Vinayak Chatterjee, Chairman, Feedback Infra Group & Chairman, Confederation of Indian Industry (CII), National Council on Infrastructure. Like the DFIs created by policymakers in the 1950s for making industrial capital accessible,...
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India, adynamic and scaled-up renewable energy market
Blueleaf Energy, a portfolio company of Macquarieās Green Investment Group (GIG), specialising in the development, finance, construction and operation of both commercial & industrial (C&I) and utility-scale solar systems, across the Asia-Pacific region made an entry into the Indian market in September 2020. On February 10, Macquarie Infrastructure and Real Assets said that it has...
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Privatisation to Boost Tech and Distribution Efficiencies
Several structural reforms announced for the power sector in the Budget 2021-22 are steps in the right direction, says Sanjay Banga, CEO, Tata Power Delhi Distribution Ltd (TPDDL). Excerpts of the interviewā¦ What are your views on the Budget and how much has it addressed problems on the ground?All the three measures announced are a...
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3D Printing to Add Muscle to āHousing for Allā Programme
The coronavirus pandemic and the resulting worldās largest lockdown last year by India have also led to infrastructure companies looking at cutting-edge technologies like 3D printing to enhance efficiencies and drive down input costs. In an exclusive interaction, MV Satish, Whole Time Director & Senior Executive Vice President Buildings, L&T Construction told INFRASTRUCTURE TODAY that the technology...
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Govt Focus on Mitigating Cash-Flow Stress and Reducing Theft
Power Distribution Reforms Even as the Centre puts in place a strategy to bring in efficiencies, energy sector observers believe that states will play hardball because electricity comes under concurrent list and state governments play an active role. In the backdrop of distribution companiesā dues having touched an all-time high and showing no signs of...
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Need to develop 700 km of metro rail lines annually to meet future growth
With Indian cities emerging as the key drivers of economic growth, attention also needs to be paid to developing a robust public transportation system in them, observesĀ Hardeep Singh Puri, Union Minister for Housing and Urban Affairs. Puri made these observations at a panel discussion moderated by Pratap Padode, Editor-in-Chief, CONSTRUCTION WORLD, and Aashish Chandorkar, Columnist,...
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DFI to create financing ecosystem for infra projects
The new Development Finance Institution (DFI) will be a fairly large entity that will play a key role in the Central Governmentās strategy to facilitate the creation of a robust financing ecosystem for infrastructure projects in the country. Simultaneously, the government also remains committed to rolling out systemic interventions to ensure the necessary action on...
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EPC Industry is Calibrating to a New Normal
Immense opportunities for growth will emerge in 2021 for the EPC industry globally and India, predicts AK Tyagi, Chairman & Managing Director of one of the leading homegrown players in project engineering and turnkey contracting, Nuberg Engineering. As part of its efforts to enhance its offerings in green products manufacturing, the Noida-based company is presently...
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Strengthening Balance Sheets Could Spur Future Growth
The Indian primary steel industry has witnessed a sharp reboundfrom the second half of fiscal 2021despite the challenges posed by the Covid-19 pandemic. While the pandemic-related risks persist, sector analysts at CRISIL Ratingsbelievegrowth momentum for the steel industry could sustain in FY2022. This would help steel makers fortify balance sheets even as they continue to...