The government's thrust on infrastructure, which is one of the key end-user industries for the steel business, is an encouraging trend for steel demand. Within infrastructure, significantly higher capital expenditure earmarked for affordable housing, power transmission and railways is likely to augment steel demand.
Tag: infrastructure
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Momentum = Mass X Velocity
As I write this, our Prime Minister is already in the UAE, making his second trip in less than three years, to accelerate the infrastructure thrust that the two countries have agreed upon.
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Siemens electrify Gujarat Metro Link Express
In a massive infrastructure boost to Gujarat, the Indian mass-transit operator Metro Link Express for Gandhinagar and Ahmedabad (MEGA) Company Limited has awarded an order of approximately Rs 579 crore to the consortium of Siemens Limited India and Siemens AG, Germany for electrification of the 39.2-kilometer Metro Express Link in Ahmedabad.
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Twin headwinds threaten to alter Indian aviationĂâs flight path
Despite a raft of policy facilitations, domestic airlines are flying into two major headwinds Ăâ crippling infrastructure constraints at major airports, and an uptick in fuel prices Ăâ which could mean growth in domestic air passenger traffic may have peaked out for the medium term.
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State Government of Maharashtra considering indemnifying bankers in infrastructure project funding
With huge infrastructure projects underway in Maharashtra, the state government is looking at restructuring its funding model so that bankers who are willing to fund projects will be covered by the government. This will form part of the agreement that they sign with the developers.
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Infrastructure assets provide better risk returns
If the Indian economy needs to sustain its growth momentum in the coming decade, developing world-class infrastructure facilities is of paramount importance. Traditionally in India, a significant portion of debt requirement for financing infrastructure has been met by borrowing from domestic banks.
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We need global capital for India’s infrastructure projects
Until recently, we used to talk about the cost of funds being too high and, as you are aware, some infrastructure projects have a long gestation period. There is a period of construction and then there are cost overruns and delays.
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Utilities space to witness significant disruption
Utilities will have to take intelligent decisions in terms of providing, managing and sustaining themselves in the wake of copious amounts of data that get generated by smart grids of the future. Analytics will play a fundamental role in grid asset maintenance and optimisation.
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India’s 1st infra investability index launched
CRISIL launched the CRISIL InfraInvex, India's first investability index that tracks, measures and assesses the development, maturity and investment attractiveness of infrastructure sectors, along with the CRISIL Infrastructure Yearbook 2017, a first-of-its-kind annual publication.
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Govt saved Rs 3 lakh crore loans to road sector turning into NPAs: Gadkari
The NDA government has managed to save Rs 3 lakh crore worth bank loans to the road sector turning into NPAs, according to the minister of road transport and highways and shipping Nitin Gadkari.