The Kerala government has decided to go ahead with preparation of detailed project report (DPR) for the high speed rail corridor connecting Thiruvananthapuram to Kasaragod trains speeding more than 200 km an hour.Though there were doubts about the feasibility of the project, the Delhi Metro Rail Corporation, which conducted the feasibility study, has given a positive report.
Tag: government
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Kannur airport project gets land
Kerala government hopes to complete the Kannur airport project on schedule as it has secured land for the project from Kerala Industrial Infrastructure Corporation (KINFRA).The first phase of the project would be completed by 2014 and the first flight is expected to land at Kannur airport in 2015.
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Machilipatnam port project takes off
Mired over land issue for the last two years, the Machilipatnam port project is finally set to take off with the Andhra Pradesh government making an in-principle decision to lease out 4,800 acres to port operators, the Navayuga group.
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ONGC to speed up KG Basin work
The Oil and Natural Gas Corporation (ONGC) will accelerate work on a major oil and gas project in the Krishna Godavari basin by taking up works simultaneously with regard to exploration, development and seeking approvals from the government. ONGC has taken to production of both oil and gas from the KG Basin in a small way late in 2011.
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The waiting game
Should part of the blame in the aviation sector’s restrained growth and financial troubles go to the infrastructure around it? The long drawn-out development of smaller airports may offer real estate potential for private players, who may be eyeing that part of the non-aero revenues.
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Do discoms need a bailout?
Experts debate how the franchise model in power distribution and Open Access will help or hamper the financial condition of state distribution companies.Excerpts from the 2nd Power Today Round Table.December’s Rs 500 crore bailout package announced by the Delhi Government to the Reliance owned discoms in that state has proved that it won’t just be the publicly owned ones that face financial crisis.
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Partnering for sustainable city infrastructure
UK is working closely with India especially for the development of sustainable city infrastructure across the country.The British India Infrastructure Group is looking for partnership opportunities across India’s extensive infrastructure development programme.Mike Nithavrianakis explains.
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Non-metro airports can be viable on PPP if govt pitches in funds: Experts
With city side development, can non-metro airports be made viable? Should non-aero activities be bid out separately? Experts tell us.Arun Chandran, Director Aviation & Project Management Services, Parsons Brinckerhoff India,currently engaged with projects at Delhi International Airport, Celebi, Maldives airport,support function at Hyderabad airport.
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There is no unpredictability in our regulation
What role does the regulator have to play in an environment where the airlines and the airports would all like to raise tariffs and expand business? Yashwant Bhave, Chairman, Airport Economic Regulatory Authority of India (AERA),explains how his team determines tariffs and development fees, and why it is fair on everybody.
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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.