It's an IPO season. After IRBs' InvIT, state-owned Housing and Urban Development Corporation Ltd (HUDCO) will raise Rs 1,200 crore from the markets. Dr M Ravi Kanth, Chairman and Managing Director, divulges the company's future strategy in an INFRASTRUCTURE TODAY exclusive.
Tag: Infrastructure Today
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Hitting the High Notes
The governmentĂ´s move to demonetise old Rs.500 and Rs.1,000 banknotes has been widely hailed by the countryĂ´s infrastructure sector as a positive development. Industry representatives would also like the government and its agencies to simultaneously roll out adequate measures to counter any likely bumps on the road ahead.
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Roads To Recovery
The roads & highways sector is on a resurgent path, with fresh government initiatives for revival of projects, and new models such as hybrid annuity are expected to boost investor sentiment.
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We are mechanising all our mines for better turnaround time
The Ministry of Coal (MoC) is targeting coal production of 1.5 billion tonnes. Of this one billion tonnes will come from Coal India Limited (CIL) and the remaining 500 million tonnes will come from non-CIL sources, particularly from the mines that are presently being auctioned or allocated to non-Coal India entities.
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Railways require capital infusion
S C Agnihotri, Managing Director, Railway Vikas Nigam Ltd (RVNL) points out that infusion of private capital in augmenting infrastructure can break the vicious cycle of poor productivity, underinvestment and poor realisations in Indian Railways
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Big ticket projects will attract large players
Sunil Srivastava, Managing Director, BARSYL, in a candid conversation with INFRASTRUCTURE TODAY, reveals the stumbling blocks in the rail sector and offers effective solutions for the smooth execution of rail projects.
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Is Swachh Bharat Abhiyan losing stream?
The much touted èAbhiyanè of the Centre, Swachh Bharat has hit its first roadblock-a funding block. The scheme, which depends on the massive financial assistance from the Centre, is likely to miss its deadline of 2019 on account of slashing of Rs 635 crore
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No regulator till new government: RoadMin
The road sector has some bad news in the offing. Private players, who are eagerly awaiting a Road Regulator, since a year, have to extend their prolonged wait for another six months. It was expected that by March end, the Ministry of Road Transport and Highways would pass a note on draft Regulatory Authority for Highways in India Bill, 2013 to the Cabinet.
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No regulator till new government: RoadMin
The road sector has some bad news in the offing. Private players, who are eagerly awaiting a Road Regulator, since a year, have to extend their prolonged wait for another six months. It was expected that by March end, the Ministry of Road Transport and Highways would pass a note on draft Regulatory Authority for Highways in India Bill, 2013 to the Cabinet.
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Creating financially sustainable cities in India
The HPEC Report on Indian Urban Infrastructure and Services (2011) estimates that India will need urban infrastructure investment amounting to Rs 39.2 lakh crore in 20 years between 2012 and 2031.