Four pillars of India’s growth: infra, investment, innovation, & inclusion. Presently, the Indian economy is undergoing a transformative phase, driven by four essential pillars: infrastructure, investment, innovation, and inclusion. These pillars are instrumental in shaping the future of India’s economic growth, says K V B Reddy, MD & CEO, L&T Metro Rail (Hyderabad) Ltd. The four...
Tag: Hyderabad Metro
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Metro neglect will cost us dear
Pratap Padode, Founder, FIRST Construction Council, supports Dr E Sreedharan’s suggestion that outlay for metro projects is woefully short Padma Vibhushan Dr E Sreedharan captivated the 150-plus audience at the Metro Rail Conference in Mumbai. He shared his learnings and recommended a course of action for the Government which he asked the FIRST Construction Council and Construction...
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Low-value projects are among the most challenging
The $1billion US-based engineering and construction management company, Louis Berger, has been active in India for over 20 years. The New Jersey-based corporation is engaged in a slewof projects, including bridges, tunnels, roads, highways, railways, and transit, aviation and smart cities.
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First test run for Hyderabad Metro
L&T Metro Rail Hyderabad (L&TMRH) has announced the first test run on the complete stretch of Miyapur to SR Nagar, stage two, as per the construction schedule for the concessionaire which is building the project, and will also be running it.
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State govt must rectify error on metro project
In order to implement the Hyderabad metro rail project successfully, the Andhra Pradesh government will have to rectify the technical error in terms of the Act governing the project. Earlier the Andhra Pradesh High Court said in its order that the project was being wrongly governed by the Tramways Act and unless it is changed to Metro Act it could not be called 'Metro
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The insurance industry is exploring take-out finance to fund infra projects
Both project and material risks are considered some of the highest in the infrastructure industries, yet infrastructure constitutes only 7 percent of the total general insurance.While the insurance firms in India cover most of the material risks,less tangible ones such as risks of overruns emerging from clearance delays are not insurable.
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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.