NVS Reddy, Managing Director, Hyderabad Metro Rail, speaks to Shashidhar Nanjundaiah at a time when Delhi Metro’s Airport Express, the lone PPP case in Metro rail in India, abruptly shut down at least until August reportedly for “technical and financial†reasons.
FlashNews:
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Modified PPP model: Bringing in capabilities
PPP should not use public enterprise investments, says Mahesh PS Gandhi, who advocates a modified model for clean and effective financing and implemÂentation of infrastructure projects.
Deepest platform to augment oil supply off-Mumbai
Essar Projects is completing ONGC’s D1 development project on a fast-track basis within 24 months on EPC by this month end.India’s farthest and deepest offshore platform is neaÂring completion on fast track,and is expected to go on-stream by the end of this month.
Advisory is a step towards combining all infra-related services under one roof
Banks lending to the infrastructure sector are feeling the need for specialised project appraisal and advisory capabilities.SBI and IDFC have spun them off as separate entities that can backward integrate into their financing competency. IIFCL’s recently launched projects company goes beyond individual projects, and is starting with trying to capture the goodwill of states and state owned entities.
Connecting rural and urban India
A report on the 5th India Roads Conference held last month in Delhi.The National Highways Authority of India (NHAI), the National Rural Roads Development Agency (NRRDA) and the state road deveÂlopment corporations will be busy next year.
Bids worth Rs 20k cr invited for highways
The Union government has invited bids worth Rs 20,000 crore,to widen 2,000 km of highways, opening up a big opportunity for companies such as L&T, GMR,Reliance Infrastructure and Gammon.This has helped the National Highways Authority of India (NHAI) inch closer to its target.
Plugging the efficiency gap
If done correctly, benchmarking pipeline performance can provide clear, reliable results and become a basis for prioritising future operational improvements. The catch? A stringent structure is critical to avoiding inaccurate and misleading results,
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.
Ro-Ro service works begin this month
Work on India's major ferry service for vehicles, cargo and passengers across the Gulf of Khambhat in Gujarat will start from January 25, according to Gujarat Maritime Board (GMB).The project will shorten the distance between Dahej in south Gujarat and Ghogha in Saurashtra region by close to 300 km.
Siemens EPC foray for solar PV plants
Siemens announced its entry into sustainable and innovative engineering, procurement and construction (EPC)solutions for solar photovoltaic (PV) plants in India. Siemens'portfolio of EPC solutions for solar plants includes the unique Power Ratio Guarantee.