Infrastructure is always a key driver for the real estate segment. With Finance Minister Nirmala Sitharaman’s announcement on the government’s intention to spend Rs 102 lakh crore on infra projects in the next five years, this is a great opportunity for developers to study new markets and take advantage of locations that offer promise. Infrastructure...
Category: Infrastructure
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BOT operators of ports ask govt to resolve issues in port policies
BOT operators at major ports handling a single commodity have urged the Ministry of Ports, Shipping and Waterways to address issues with port policies that are affecting their operations.Since Prime Minister Narendra Modi announced the Atmanirbhar Bharat Abhiyan to make India self-sufficient, the government has implemented reforms and policy changes to reduce India’s reliance on...
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Bentley Systems Announces Acquisitions of sensemetrics and Vista Data Vision
Bentley Systems announces acquisitions of sensemetrics and Vista Data Vision. Bentley Systems, the infrastructure engineering software company, announced its acquisitions of sensemetrics (agreement executed) and Vista Data Vision (closed), leading providers of software for Internet of Things (IoT) applications used extensively in infrastructure. sensemetrics and Vista Data Vision will expand the scope of the Bentley...
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Bentley Systems Brings Infrastructure Digital Twins to NVIDIA Omniverse
Bentley Systems is developing applications using the NVIDIA Omniverse platform. Bentley Systems, the infrastructure engineering software company has announced that it is developing applications using the NVIDIA Omniverse platform for photorealistic, real-time visualisation and simulation of digital twins of massive-scale industrial and civil infrastructure projects. Bentley Systems has extended the Bentley iTwin platform to integrate...
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NaBFID Financing for the Future
So far, the Central Government has made all the right moves as it goes about setting up the National Bank for Financing Infrastructure and Development (NaBFID). But will the newly created entity be able to deliver on its mandate of developing a robust financing ecosystem for the infrastructure sector once it gets operationalised? The Central...
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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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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 Government’s 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...