Arun Lakhani, Chairman and Managing Director, Vishvaraj Infrastructure, says users will pay for drinking water if service providers improve service and engagement levels. Lakhani, whose firm has successfully rolled out the much-acclaimed 'Nagpur 24x7 Water Supply Scheme' in partnership with the French firm Veolia, also feels that the government needs to enunciate a policy on water reuse to make treated water an attractive proposition for the industry.
Tag: ADB
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ReNew Power secures $390 million debt funding from ADB
Renewable energy firm ReNew Power Ventures Ltd has announced that it has secured long-term debt financing of $390 million (approximately Rs 2,650 crore) from Asian Development Bank (ADB).
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MAKE IN(fra) INDIA
Though the Centre has chalked out ambitious infrastructure plans, a multi-rate GST, and the DND toll cancellation issue, may dampen the spirit of the infra industry. Union Minister for Road Transport and Shipping Nitin Jairam Gadkari´s well laid out plans to kick start an infrastructure boom in India
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METRONOMICS
The experience left the planners wiser. And this was evident in the 65 kilometres of the first phase of the ambitious Delhi Metro Project getting completed a full two years nine months ahead of schedule in 2005, in a period of a little over eight years.
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We don´t have a benchmark. The government will have to start setting it
It seems the government has a few mega projects in hand. These really need to stand the test of time, and how the rollout is going to happen is going to be the single biggest challenge. The numbers are too big. They should get real in terms of achieving these numbers.
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USAID, ADB to invest $848 mln in solar parks
The US Agency for International Development (USAID) and the Asian Development Bank (ADB) late March signed a memorandum of understanding (MoU) to provide $848 million of funding for the development of solar parks across India.
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In this regime, roads have taken a quantum leap
The government is taking only the EPC cost as the DPR cost. They are not adding other things like interest on annuity or the interest difference when we do the financing of the project.
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With GST, consuming states will be at profit
Sudhir Mungantiwar, Minister of Finance, Planning & Forests, Government of Maharashtra, makes significant revelations about the state finances and also discusses smart cities and GST.
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Govt to award 10,000 km of NH for development
The major policy initiatives of MoRTH in recent past are as follows:
Exit Policy: The cabinet recently allowed private developers to exit all operational BOT projects two years from start of operations.
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Thinking Afresh
A quality transition to the planned expansion will require a huge capital investment in electricity, railways, roads, ports, airports, irrigation, water supply and sanitation systems.