Burdened with Rs 2.5 lakh crore of projects stuck due to paucity of funds and other reaÂsons, the Indian Railways plans to give itself a 'plan holiday' in announcing new projects in 2012-13.
FlashNews:
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Banks can up infra lending by Rs 1 lakh cr: CRISIL
Banks can increase their funding capaÂcity to the infrastructure sector by Rs 100,000 crore over the next four years, rating agency CRISIL said.
India to award $3.8 bn worth port projects
India is set to award 23 contracts for port expansion worth $3.8 billion this fiscal year.
Only long-term investors are interested in infra stocks
M Narendra, Chairman and Managing Director, Indian Overseas Bank, shares with Shashidhar Nanjundaiah the bank's experience in corporate lending and its plans to attract quality borrowing, and explains why infrastructure stocks have not performed to expectations.
Expertspeak: Unifying Infrastructure
Vinayak Chatterjee gets down to the brasstacks on India's slow rate of infrastructure development, dismisses theories on the shortage of funding and recommends an overarching political authority for infrastructure.
WB may not renew Mumbai contract
The World Bank seems reluctant to renew a contract for backing the first phase of the Mumbai Urban Transport Project (MUTP).
Solar needs no green nod
The union ministry for environment and forests has clarified that no environmental clearance is required for solar PV power projects.
VGF for unviable roads under BOT
In the midst of widespread protests and growing concerns as to the extent to which 'viable', toll-based road projects can work under PPP.
It is during the project execution stage that the boys will be differentiated from the men
Andhra Bank recently announced plans to focus on infrastructure lending. Although relatively modest in volumes, at Rs 12,650 crore, the bank has devoted approximately 19 per cent to infrastructure.
Fuel scarcity hits investor interest
The investor interest in the power sector is diminishing as lenders are starting to apply the brakes on funding of new private generation projects.