Larsen & Toubro has exited the project to develop a port at Kachchigarh in the state of Gujarat citing environmental concerns, the company informed the bourses.
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Tag: infrastructure development
Inland waterways is economically viable sector: Gadkari
Inland Waterways is economically most viable sector and, as such, it should be an integral part of infrastructure development in the country.
We need USD 200 bn a year for infra
Union Minister of State for Finance Jayant Sinha said that infrastructure development was a national priority and the country needs funds upto USD 200 billion
Contract renegotiation may be a reality
The government is considering the introduction of a force majeure clause in public-private partnership projects to allow renegotiation of contracts to revive private participation in infrastructure development and salvage some big-ticket projects.
Infra trust fund on its way
Under the finance ministry's new announcement, the revenues of a project will be transferred to the trust, which will then issue units to investors. Shilpi Aggarwal says the government is seeking innovative financing solutions for infrastructure.
Commitment needed on both sides of EPC: Experts
Engineering, Procurement and Construction (EPC) projects do have certain advantages which amount to lesser amount of risk for the private company. While a successful EPC road project
SPML Infra secures new orders worth Rs. 1802.10 crores
SPML Infra Ltd., India's leading infrastructure development company has won new orders worth Rs. 1802.10 Crores from South Bihar Power Distribution Company Ltd. (SBPDCL), Bihar and Public Health Engineering Department (PHED) of Rajasthan.
Tunnelling: The big bore
Compared with other countries like China, India has just taken baby steps. But as cities burst at the seams, more hydro projects are sanctioned in the north east and challenging rail projects are underway,
Ports, not TAMP, will be in charge of setting their own tariffs
Regulatory and clearance delays may be necessary evils in infrastructure projects, especially those under PPP. But as N Muruganandam, Joint Secretary, Union Ministry of Shipping, elaborates, the government's ambitious plans of port infrastructure development
The silent underdog
The PMGSY has been a remarkable scheme, with substantial potential in ushering in the much-needed bottom-up reforms. Despite its obvious effectiveness in various economic, social and business domains, availability of funds and trained resources


