GSPC LNG (GLL) is a special purpose vehicle (SPV), promoted by the Gujarat government through Gujarat State Petroleum Corporation (GSPC), the leading state sector oil and gas entity and other state sector entities in partnership with Adani Enterprises (AEL).
Tag: infrastructure sector
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Infra firms seek simplified approval process
Players in the infrastructure sector urge government to simplify approval process for key projects especially in the road, mining and port segments. Highway developers suggest single-window clearance for mega road projects in order to ensure timely implementation
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Budget 2013: Industry reactions
Budget 2013 has been an impetus for infrastructure sector. Industry leaders welcomed the various progressive measures taken in the budget.
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We need more specialised infrastructure funding institutions
We would like to continue infrastructure lending by cherry-picking good and viable projects promoted by parties with proven track records, says HS Upendra Kamath, Chairman and Managing Director, Vijaya Bank
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Budget 2013-14 Reaction: Dr. Suresh Surana, Founder, RSM Astute Consulting Group
The significant thrust on "Road Infrastructure Projects" by offering various fund raising options to the industry and also an indication that 3000 kms of road projects in Gujarat, Madhya Pradesh, Maharashtra, Rajasthan and Uttar Pradesh will be awarded in the first six months of 2013-14 is a very welcome initiative.
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Equipment makers see early revival of infra sector
As the Union government has recently taken policy initiative and the Reserve Bank of India (RBI) reduced interest rate, there are early signs of revival in the infrastructure sector, says the Indian Construction Equipment Manufacturers' Association.
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CII seeks steps
Through its Pre-Budget Memorandum submitted to the Union Finance Ministry, industry body CII urged government to take urgent steps to make infrastructure sector viable and capable of attracting capital. The memorandum listed some of the steps that the government should take to attract capital into the sector. For example, the body wants government to waive Minimum Alternative Tax (MAT) for infrastructure companies.
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Need community driven growth
PPC can bring in substantial capital and world class technology into India at a competitive rate, says Puneet Thakur, Director-Projects, AFII Corporate Advisors, in an email interaction with Infrastructure Today.What are the major achievements of AFII in infrastructure sector advisory
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Infrascape 2013 | Great opportunity in 2013
Most of the contracts in the Infrastructure sector are long lead time projects with significant investments. WhicÂhever customer of ours in these industries that we speak to, they all have experienced the effects of overall economic slowdown and the difficulty in getting funds for these projects. Larger projects such as in the power sector or in the road construction have continued to face problems in land acquisition and obtaining all the governmental clearances.
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Heading for a revival?
Development of infrastructure is vital for the progress of Indian economy. However, a collective support of other sectors is required to achieve its goal. The year just gone was shaded with the dark patches of issues like slowdown and lack of policy initiatives. However, a realistic approach in policy frame work and the revival of the global economy can uplift the sentiments of the industry in the coming years. Arvind Mahajan writes on the performance and outlook of India's infrastructure sector