The way for Indian Railways to capture back some of the market lost to roads is through privatisation. Although the intent is there, privatisation of rail logistics is a while away because the fundamentals, including documentation formats, do not exist.
Author: admin (Infratructure Today)
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Expertspeak: Towards a corporate attitude
Indian Railways needs to tweak its procedures towards competing with the road logistics sector and communicate more effectively with its stakeholders in order to unleash its true potential, says Anurag Mishra.
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Project reporting: Streamlined internal communication
Project reporting gets more complex for large infrastructure projects, but once its format is ironed out and systematised to minimise manual intervention, it can be a very effective tool in achieving effective and timely completion.
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Elevated
The Board of Directors of Larsen & Toubro (L&T) recently approved the elevation of SN Subrahmanyan as a Whole-time Director, with effect from 1 July.
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State oil cos post record losses
Bharat Petroleum and Hindustan Petroleum will lose a whopping Rs 177,562 crore on selling fuel at government-controlled rates this fiscal, 68 per cent more than what they lost in high-cost 2008-09.
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IECC order book swells
IL&FS Engineering and Construction Company (IECC), earlier Maytas Infra, expects its order book to touch Rs 10,000 crore by this fiscal end and plans to grow in hydro power.
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Govt proposes PPPP model
To allay citizens' fears about public private partnerships (PPP) in services like water supply and healthcare, the government plans to add another P to the PPP framework, People.
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Power Min to issue norms for ailing utilities
The Ministry of Power is working on a set of guidelines to help state electricity boards (SEBs) cut their losses, estimated at a cumulative Rs 68,000 crore.
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Jaitapur to get regulator
The government has decided to go ahead with the Jaitapur nuclear project and introduce a bill to set up an independent regulator.
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Gujarat to buy from PLG
Mumbai-based PLG Power has signed a PPA with Gujarat Urja Vikas Nigam for 40 MW of solar power.