The government remains committed to rolling out systemic interventions to ensure the necessary action on the proposed divestment and asset monetisation programmes, says Dr. TV Somanathan, Secretary Expenditure, Ministry of Finance, Government of India. Click here to read more
Goyal Aluminiums plans to set up EV plant in UP
DISCOM to purchase 1,070 MW of wind-solar hybrid electricity in Gujarat
Railways sets empanelment tender for rooftop solar installations
Tata Power introduces new 400 KV transmission corridor for Mumbai
RIL & Adani Group withdraw bid to acquire SKS Power Generation
Ahmednagar to soon have its first solar agri-feeder
Brookfield to Acquire KKR’s 50% Stake in Renewable Developer X-Elio
SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project
Power Grid Corporation receives 6 Special Purpose Vehicles from REC
Power Finance Corporation to receive Rs 165 cr loan from Japan’s JBIC
Delhi aims to meet annual electricity demand through solar power
BCCL signs 1st MDO contract for coking coal extraction
NTPC REL: Sterling & Wilson Renewable Energy bags order
GAIL and Shell reach an agreement to discuss ethane supply
NTPC commissions green coal plant in Varanasi
Power plants in Delhi fails to adhere to biomass co-firing policy
JSW Steel plans to invest in a virgin coking coal mine
Adani Transmission gets certified as single-use plastic-free firm
Coal India targets 156 MT coal supply to power sector in April-June
DFI to create financing ecosystem for infra projects
Infrastructure and the Mirage of Money
Private money is not exactly gushing into our infrastructure sectors. If we see the trend, the decline of private investment in infra projects is dramatic and sharp, over the last few years.
Is infrastructureÂ´s golden goose on the chopping block
The PPP way of creating infrastructure in India has waned. Things got compounded by inherent risks that were stacked up upon the private sector, resulting in a bouquet of heavily invested infra projects getting waylaid and now languishing due to delays and cost overruns
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
IL&FS keen to invest in infra in Hyderabad
IL&FS has evinced interest in investing in infra projects in Hyderabad, including housing and roads, Telangana government said.
The recommendation by the Japan International Cooperation Agency (JICA) to the Maharashtra state government to add two more lanes to the Mumbai Trans Harbour Link project is not only a simple and logical recommendation but also a necessary one.
Over 40% of big infra projects behind schedule
Over 40 per cent of big projects under the monitoring of central government are running behind schedule. As of May 1, 2015, a total of 758 projects
Matching the mismatch
IDFs play a vital role as investment vehicles that can be sponsored by NBFCs and commercial banks in India. Shrikanth S writes on how IDFs are correcting the asset-liability mismatch, and also help advance loans for fresh infrastructure projects. The urgent need to improve infrastructure prompted the Indian Planning Commission to estimate infrastructure spending in the 12th Five Year Plan (2012-17).
Insurance and pension funds are best suited for infra investments
Since infra projects are long term projects, Infrastructure Debt Fund (IDF) can bring in the big push in the sector as innovative means of credit enhancement is expected to provide long term, low cost debt, says D. V Prasad, Head-Finance, Essar Projects, in an interaction with Sumantra Das.
Why does it take the Prime Minister to get his hands dirty each time there is an operational problem in infrastructure? We hope this was one of the many questions Dr Manmohan Singh asked himself before taking on his favourite roleâ€”as Finance Minister.