Long-term financing is what the Indian infrastructure sector needs to attain the projected growth. And Infrastructure Debt Funds (IDFs), which the government had in 2011-12 fiscal under Finance Minister P Chidambaram allowed to form to step up investment in the infrastructure sector, which requires $ 1 trillion in the 12th Plan.
Author: admin (Infratructure Today)
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Empowering shareholders
In her second article in this series, Prachi Manekar writes on some of the significant changes in the new Companies Act that has overhauled corporate governance regime to strengthen investor protection.
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A tale of two Bills
The Highways Bill could represent the first major step taken by the government towards the creation of an independent authority with the power to cut delays and streamline the project approvals processes, thereby addressing major problems faced by the Indian roads and highways industry today and potentially opening up huge private investment, writes Aakanksha Joshi.
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Opportunities on the horizon
India plans to more than double its port capacity to 3,200 million tonne at an investment of Rs 2.87 trillion by 2020, drivin the demand for more port handling equipment. Sudheer Vathiyath trains through the prevailing trends in port equipment market.
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Transparent moves
In a bid to try and get to the root cause of the delays that were stalling the implementation of projects in the country, the Project Monitoring Group (PMG) under its Chairman Anil Swarup has initiated a process to digitise the whole procedure through which clearances happen. "Our job at the PMG will get reduced as then we will know why the delays are happening and the clogging will not happen.
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Seeking Revival
The 6th Annual India Roads Conference organised by ASAPP Media invited industry think tanks and sector people to deliberate, discuss and ponder over the issues plaguing the roads sector in the country. The conference focused on 'Accelerating India's Road to Growth'.
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Xylem introduces pumping systems
With its participation in the International Mining Exhibition 2014 held in Kolkata, Xylem Inc has introduced new pumping systems that reinforce its focus on the global rental business for its premium products being used for the Indian mining sector. Xylem offers a full service rentals programme with a complete line of submersible pumps, engine-driven suction pumps, generators, piping and complementary accessories for long or short-term rental in various countries.
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AluK launches India operations
AluK Building Systems, part of AluK Group SpA, Italy, has launched its operations in India. The AluK Group Company headquartered in San Giovanni, Lupatoto, Verona has acquired skills and experience over its 40 years in business which has allowed it to grow and expand and establish a worldwide presence.
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Altaaqa Global receives ISO certification
Altaaqa Global CAT Rental Power has achieved ISO 9001:2008 (Quality Management System), ISO 14001:2004 (Environmental Management System), and OHSAS 18001:2007 (Occupational Health and Safety Management Systems) certification by TÃœV NORD Germany, the ISO accredited certification body headquartered in Hanover, Germany. Altaaqa Global has been selected by Caterpillar Inc. to deliver multi-megawatt turnkey temporary power solutions worldwide.
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PERI India wins BAI award
PERI (India) has been honoured with the award of "Sarvottam Manufacturer of Formwork Systems", by Builders Association of India (BAI), in XXVIth All India Builders' Convention in Dubai in February 2014. The convention was attended by more than 600 leading builders from India.