Just as with PPP projects, HAM contracts too are finding financial closure to be a challenge. Banks, especially, are wary of putting their money on developers with weak financials and lack of adequate experience. Industry insiders, however, beg to differ.
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Sandeep Upadhyay, Managing Director and CEO, Centrum Infrastructure Advisory Limited
Budget should focus on higher funds allocation to infrastructure and improving domestic macroeconomic fundamentals
The priority of the Budget should be to improve the macroeconomic fundamentals of the country and make efforts to meet the fiscal deficit targets of last year. The onus should be on productive utilisation of funds.
Infra-vestment | Follow the Money
India will need $1.5 trillion of investment in infrastructure over the next 10 years. Of this nearly $10 billion is required in sewage treatment plants. Similarly, about $8 billion is required to be invested in ensuring regular drinking water supply.
India has a well-developed PPP ecosystem
Sanjeev Kaushik, Deputy Managing Director, India Infrastructure Finance Company Ltd, speaks on the challenges facing infra financing and the likely contours of the post-GST regime
There is a need for the regulator to get more teeth
Sandeep Upadhyay - MD & CEO, Centrum Infrastructure Advisory Ltd, says that a more consultative process involving the NHAI and all stakeholders, by giving due weightage to the lenders, would result in a win-win situation for infrastructure development in India.
World-class infrastructure is the need of the hour
Infrablaze 2016, a flagship event of the Symbiosis Centre for Management and Human Resource Development (SCMHRD), witnessed an audience made up of students and equally enthusiastic academicians.
DMICDC and IIFCL sign MoU for cooperation on infrastructure projects
The Delhi Mumbai Industrial Corridor (DMIC) has received another major boost with the government-owned India Infrastructure Finance Company Limited (IIFCL) offering its support for the financing and development of viable infrastructure projects.
Meeting CSR Targets
IIFCLÂ’s Corporate Social Responsibility programmes aim to address the sustainability issues that are most relevant. The company will carry forward its CSR activities for upgrading social infrastructure in India.
METRONOMICS
The experience left the planners wiser. And this was evident in the 65 kilometres of the first phase of the ambitious Delhi Metro Project getting completed a full two years nine months ahead of schedule in 2005, in a period of a little over eight years.
JICA, IIFCL ink pact to finance PPP
Japan International Cooperation Agency (JICA) has inked a pact with India Infrastructure Finance Company Limited (IIFCL) to provide 50 billion Japanese yen (about Rs.2,866 crore) of official development assistance (ODA) for implementation of infrastructure projects in PPP.