To get at least 47 per cent investment from the private sector during this 12th Five Year Plan (2012-17) period for construction of highways, the Union government is likely to set a stiff target for Road Transport and Highways Ministry. This is 9 per cent more than what the sector has got during the 11th Five Year Plan.
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Tag: 12th Five Year Plan
NRL plans to expand refining capacity
Numaligarh Refinery (NRL), a subsidiary of Bharat Petroleum Corporation (BPCL) plans to expand its refining capacity from 3.0 million metric tonne per annum (mn tpa) to 8-9 mn tpa at Golaghat in Assam. The company is also considering options of sourcing and transporting the additional crude oil through a pipeline.
Reinventing IndiaÂ’s road infrastructure
Highway award and implementation has faced a major slowdown this fiscal, but most of the factors are the usual suspects. Then why is this year different? Rohit Chaturvedi and Tejaswi Subramanian explain the potential pitfalls and silver lining in the sluggishness. After a year of aggressive bidding and flourishing business, the road sector has seen a marked slowdown this year in the number of allotments made or expected to be made by the National Highways Authority of India (NHAI).
Key railway PPP projects require Rs 800 bn
In order to implement various railway projects through PPP route, the sector may need investment of around Rs 80,000 crore.
Good time for a boost
Infrastructure Today India Opportunity Conference will be held in Toronto on 11 May, and hopes to generate interest among Canadian investors in India’s vast infrastructure opportunities. Where are the best opportunities? A peek.
Soon-to-be-indispensable
GIS mapping taps the criticality of location and then helps in accurate troubleshooting through the four stages of an infrastructure project, says Dominic McNeillis.
Fin Min favours BOT model for road contracts
The Finance Ministry is not in favour of using state grants to develop 20,000 km of roads in the 12th Five-Year Plan. The Ministry wants the road department to contract projects on build-operate-transfer (BOT) basis.
Realistically Yours
Planners in the government are often like homegrown businesses: set a target much higher than needed, assuming a lower motivation and effectiveness among the people who implement it.
OIL mulls 19K cr capex
Oil India (OIL) targets Rs 19,000-crore capital expenditure during the 12th Five Year Plan. The explorer is also planning to foray into other sources of energy such as solar and wind.
Credit ratings: Need for a different rating mechanism
Conventional investment credit ratings-typically lower than desirable for infrastructure projects-constrain financing infrastructure investments in India, says Dhruba Purkayastha. So should the methodology be revisited?