While the overall cost of financing may go up, several aspects of the central bank proposals on provisioning norms can help ramp up the overall infrastructure buildout in the country as we advance, says Jagannaryan Padmanabhan, Senior Director and Global Head, Transport Logistics & Mobility, CRISIL Infrastructure Advisory tells INFRASTRUCTURE TODAY. Edited excerpts. How do you see...
Tag: CRISIL Infrastructure Advisory
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Spurring a Sea Change
The draft Indian Ports Bill, 2020, has many positives, but it should safeguard state autonomy and plug holes. The wish list is for an act that will make India’s coastline future-ready – safe harbours, unimpeded access, water deep enough for the largest vessels, no risk of noise, dirt and danger associated with loading and unloading...
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The Bailout Plan
Is the Indian Railways chugging towards a gargantuan bailout? Startling as it may sound, the question is within the realms of plausibility given the lumbering behemoth's financials.
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“Targeted pricing will help railways maximise earnings”
In this extensive interview to INFRASTRUCTURE TODAY, he says that it is entirely up to the Railways on how it would like to leverage its unique position as the countryÂ’s most inclusive transporter.
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The Big Infra Opportunity
Stakeholders harp on the government's infrastructure push and expect construction orders of Rs.18 trillion in the next six years. This order inflow volume should support 12 to 15 per cent of industry-level execution of compound annual growth rate (CAGR).
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India’s Metro Trail
The total length of operational metro projects in India presently stands at about 440 km and is growing. Cities like Bengaluru, Chennai, Gurugram, Kochi, Kolkata, Mumbai, Hyderabad, Jaipur, Lucknow and the Delhi National Capital Region (NCR) where they are already operational, are simultaneously adding on to their existing route networks.
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Finding the Right Road
The moot question is whether good intent has been accompanied by careful planning.
It was always going to be a difficult job. Roads development, battered and bruised by a heavy load of projects awarded in the recent past, remained stalled for various reasons ranging from land acquisition and bureaucratic red tape to a lack of accountability and transparency in the bidding process.
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Opening the funds tap
A stronger thrust on PPP projects, greater FDI and steady government support can help Indian Railways, one of the world´s largest rail networks, emerge from the rut.