Fiscal responsibility act (FRBM Act) will soon include all infrastructure projects executed through annuity payments by the government to private sector developers to ensure they do not become a big burden in the future.
Category: Roads & Highways
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BMC to build 33 foot over bridges next year
Brihanmumbai Municipal Corporation (BMC) has sanctioned plans to construct 33 foot over bridges (FOB) across the city of Mumbai.
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Case study: PPP in urban transport infra
An impetus to development of satellite cities alongside our major cities will ensure a more distributed development through out the country.
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Expressways can't be built without corporate bonds
Overdependence on bank funding of infrastructure will put unreasonable pressure on those financial institutions.
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French Connection
India would like French companies to help develop its fast-growing motorway network, Minister for Road Transport and Highways Kamal Nath said to the Frech media.
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Spanish firms in UP project
Two Spanish firms, Isolux Corsan and Cobra Instalaciones, have entered the fray for the proposed PPP project in power transmission in Uttar Pradesh.
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11 projects under one roof
Reliance Infrastructure (RInfra) is in the process of consolidating its road projects assets, which involve an investment of Rs 12,000 crores, into a holding company to pave way for a potential IPO or private equity investment in the future.
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Global Policy: Around the world, infra is in critical stages
Severe budget constraints will limit many governments’ ability to fund improvements, and private financing will have to fill the gap.
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NHAI awards 100 projects by March
National Highways Authority of India (NHAI) has finalised awarding of 100 projects in the fourth quarter of 2010-11.
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PPP for those unable to pay
Finance Minister Pranab Mukherjee indicated that public-private-partnership (PPP) projects should be directed to people who cannot pay for infrastructure services as it would ensure inclusive growth.