Last year, roads and highways was the "happening" sector, with a lot of hype and commendable action. Against a target of national highways that turned out to be beyond ambitious, the National Highway Authority of India (NHAI) had only completed construction of 1,156 km by December 2010 at 4.28 km per day-way less than the targeted 7 km-per-day.
Tag: infrastructure
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Budget Analysis: Thumbs up … well, almost
The infrastructure investment will reach 8.37 per cent of GDP in the terminal year of the 11th Plan (2011-12). Net bank credit to infrastructure has increased by 59 per cent over previous year. However, total FDI inflows during April-November 2010 were 26.67 per cent lower compared to the inflows during the same period in the previous year.
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All that shines
As it has been reported in the media, more than half of our country’s infrastructure projects are running overtime, and PPP projects are delayed more than EPC projects.
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There is a large gap in demand over supply of bank credit among bankable and viable projects
As the leader in a consortium lending to the Vizhinjam Seaport, State Bank of Travancore (SBT) will play a major role in Kerala’s industrialisation.
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EPC: Who should be responsible for our projects?
Although, arguably, the best method for an infrastructure project, Engineering Procurement and Contract (EPC) is still being debated for loopholes in accountability.
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EPC gives scope to value engineering and project cost optimisation
The Engineering, Construction and Contracts (ECC) Division of L&T, whose major activity is under EPC, has a claim to be the largest construction and EPC company in the country.
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British India Infrastructure Group (BIIG) launched
The Britain India Infrastructure Group (BIIG) was launched in UK to facilitate the development of infrastructure in India with the involvement of senior officials from both sides and the major private sector players in infrastructure development.
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Singapore investments for DMIC
Commerce and Industry Minister Anand Sharma has asked Singaporean firms to invest in India’s infrastructure sector, especially in the Delhi-Mumbai Industrial Corridor (DMIC).
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The coast is closer now
The Coastal Regulation Zone’s latest amendment is mired in controversy. On one hand, many sections of the industry, especially the builder lobby are terming it progressive.
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Recent land acquisition law amendments
The Planning and Compensation Act 1991 was an Act of Parliament in the United Kingdom to amend the law relating to town and country planning.