BK Chaturvedi, Member of the Planning Commission of India, is in the hot seat. It was his draft of the original MCA in roads that made all the difference to PPP in roads. Now it´s time to debug that document, he tells Garima P.
Have investors been withdrawing on account of the existing Model Concession Agreement (MCA) for highways?
Quite a few people have been attacking the MCA saying that provisions need to be changed. Now that the economy is not doing well, it is easy to blame the MCA for
With escalated construction costs excarberating to halved traffic growth projections, M Murali explains the startling fact that delays stood at an average of 73 per cent beyond the original timelines.
The current levels of stress have been harsh on the road sector as a whole, indicating that there could be further deterioration in credit quality. While describing the current concerns of the toll roads sector, R Venkataraman believes the various steps taken by NHAI may not greatly help the ailing sector.
It should be no surprise that PSEs emerge right on top when it comes to efficiency and performance, given their inherent rather than acquired advantages. But, writes Maya Sinha, the flip side is that they have not redefined their own strengths to achieve better productivity the very accountability that defines PSEs is hampering speedy execution.
As the government prepares to divest PSUs and raise Rs 54,000 crore, it will simultaneously urge PSUs to invest in infrastructure projects. While this is a smart move to reinvigorate the stranded sector, the irony of public sector investment in private side of equity is not lost. While they stare at a disappointing year for PSUs on the stock exchanges, what has galvanised many of these mammoth organisations that have transformed these custodians of public money into vibrant, corporate and profit
PSUs now believe in diversification a railside warehousing PSU is now expanding into cold chains, SEZs and FTZs. Vinod Asthana, MD, CRWC, tells Garima P and Shashidhar Nanjundaiah why this is a natural progression in the competitive world of logistics.
India Infrastructure Finance Company Ltd (IIFCL) may not see a paradigm shift because it was recently bestowed the NBFC status. Yet the company now hopes that regulation will help define its processes and growth better, Harsh Kr Bhanwala, Executive Director, IIFCL, tells Shashidhar an undaiah.
India and Japan, two biggest buyers of liquefied natural gas (LNG), will in next three months look at buying the fuel jointly so as to hammer down high prices. The two nations had in October last year agreed to carry out a joint study to examine ways to mitigate increasing import costs in Asia as well as to maintain stable supplies of LNG to the region.
The Power Finance Corporation (PFC) has stated that eight companies have evinced interest in developing Rs 24,200-crore Cheyyur ultra mega power project (UMPP) in Tamil Nadu. The UMPP is India´s first coastal power plant, to be bid out with an attached captive port. PFC is the nodal agency for UMPPs
A report by Mercom Capital Group says that India is projected to see a solar power generation capacity addition of 1,750 MW next year. Noting that new solar installations so far this year have been around 900 MW, Mercom on 20 November stated that India is not likely to register any significant year-over-year growth for 2013. However, during this period, global solar market is estimated to see 20 per cent growth.