According to the Ministry of New and Renewable Energy (MNRE) Annual Report 2009-10, there is a potential for generation of over 2,600 MW of power from municipal and urban wastes and about 1,300 MW of energy from solid and liquid wastes generated by various industries in India.

Jet Airways promoter and Chairman Naresh Goyal has pledged his entire 51 per cent shareholding in the carrier, valued at about Rs 2,600 crore, to State-run Punjab National Bank (PNB).

Bharti Airtel has commissioned Nokia Networks to expand its 4G presence to six new (Mumbai, Kerala, Madhya Pradesh, Odisha, Punjab and West Bengal) circles. The company deployed Nokia Networks´ radio network.

Infrastructure is the backbone on which the economic and social wellbeing of any country hinges. Though India has emerged as the third largest economy, its GDP growth rate slowed down to less than 5 per cent in FY 13-14, as against a CAGR of 8.4 per cent during 2003 - 2010.

We are planning to formulate a Renewable Energy Act as currently, all the electricity activities come under the Electricity Act, 2003. The new Act will not only help in streamlining many aspects like power generation, supply and tariff, but will also assist in attracting investments.

I believe that the annual fund requirement of these projects will not go beyond Rs 50,000 crore as this will be done in phases, hence planning should be proposed accordingly.

With a stable, reform-friendly government in place, the Indian infrastructure growth story is looking for the right implementation strategy and on-ground action. Here are the key current infrastructure trends and the outlook for 2015.

The government has received proposals from 12 States for setting up of solar power parks/ultra mega solar power projects totalling 22,100 MW capacity

Rays Power Infra Pvt. Ltd., one of the biggest solar EPC companies in India, has announced bagging of the largest single solar EPC project of Essel Group.